"MOM AND POP" BROWNFIELDS -Reply

[Bruce Klafter <bklafter@orrick.com>]

Subject: Re:  Re: "MOM AND POP" BROWNFIELDS -Reply

Lenny's comment raise two questions in my mind:

1.  Will live/work type development hinder some
projects by leading to a need for residential
cleanup standards vs. commercial/industrial?

2.  Small business owners will need to be educated
about how to structure these transactions.  Larger
companies (real estate concerns, etc.) typically
protect themselves by setting up limited liability
companies, subsidiaries, etc. along with the
regulatory devices (comfort letters, PPAs, etc.). 
Are small businesspeople comfortable enough with
environmental liability to undertake these projects?