Developer Lesson 3: The corporate veil is thin – protect yourself.

Just because your company has environmental insurance, doesn’t necessarily mean that ‘you’ do.

Are you a director or officer of a company that buys or develops land? Well, you are not the company, and the law is different for you. If the company attracts liability, you can be on the hook separately, personally, and for different reasons. Know the laws that apply directly to you and your conduct, particularly if the company buys contaminated land to develop. Environmental laws are written to hold the people who run companies accountable, not just their companies.

Would you like a better understanding about how to protect yourself, as corporate director? Contact Richard Bereti (rbereti@harpergrey.com) or Una Radoja (uradoja@harpergrey.com).