Public or Private?•Who decides?•Does the law dictate the ownership and responsibility, or does the history of responsibility guide the development of (common) law?•Inherent differences – and necessary overlap of requirements – for public or private ownership and management of the common water resource
Waste Sites and Private Entities•Original Site Owners. Lots of sites get cleaned up by companies that stay solvent (no pun intended) and then continue to use the sites or sell them after cleanup.•Private Development Companies– Specialty companies that manage environmental risk, cleanup and subsequent (re-)development•Commonly LLC consortiums that include insurers, environmental service companies and developers– Brownfields– Military site redevelopment• BRAC [ Base Realignment and Closure - www.defenselink.mil/brac/ ]
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