Insolvency and environmental risk: what Queensland practitioners need to know

Scott Butler of Hall & Wilcox warns that Queensland insolvency practitioners face potential personal liability for environmental remediation costs, noting that under the Environmental Protection Act 1994 (Qld) and post-Linc Energy case law, Environmental Enforcement Orders can be issued directly to IPs, disclaiming contaminated land may not absolve liability, and liquidators with available funds or indemnities may still be required to meet environmental obligations.

Read more.