INSOL Publication 2024: Environmental claims and liabilities

The importance of the environment, and the desire to maximise returns for creditors and promote the restructuring of distressed entities are at the centre of this publication from INSOL International, “Environmental Claims and Liabilities in Insolvency and Restructuring.”

The publication consists of contributions from 22 jurisdictions and explore the key laws and regulations relating to clean-up and remediation responsibilities, carbon emissions, climate risk management and disclosure and personal liability for company officers arising from a breach of environmental duties and responsibilities.

Dedicated lawyers from our Danish Insolvency and Restructuring team have together with our environmental lawyers written the chapter covering Denmark and provides information on the key environmental protection laws and regulations, focusing on clean-up and remediation.

In addition, with the increasing emphasis on combating climate change, each jurisdiction has also examined the relevant governance, corporate and financial laws and regulations that impact on environmental regulation. The country reports then explore how environmental issues are addressed in local insolvency regimes – including issues of solvency and the discharge and resolution of environmental claims, and how these issues impact individual liability and insurance coverage.