Lester Sotsky, a partner in Arnold & Porter LLP, and the head of its environmental practice, and Rebecca Green cover important issues for the multi-affiliate company in this installment of Celesq®’s Environmental Law series. Topics include: • An overview of corporate parent liability principles and issues • An overview of acquisition structures and associated exposure to environmental liabilities • Recommendations on structuring acquisitions or deals to limit exposure to certain environmental liabilities • Post-acquisition structures and business practices that can materially affect parent company exposure to affiliate liabilities • Recommendations regarding post-acquisition operations to limit exposure to environmental liabilities