Chubb: Legal, Govt. Fears Nix Brownfield Buys

NU Online News Service, Oct. 31, 2:40 p.m. EST?More than half the companies responding to a nationwide poll said they had declined to purchase environmentally damaged properties because of concern about government regulation and litigation.

The survey performed by CFO Research Services, on behalf of New York City-based Chubb Environmental Solutions, also found some deals collapsed because environmental insurance was unobtainable.

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