Jump to Navigation

News Releases

Tim Wilkins Speaks on Environmental Law Transactions at 18th Annual Texas Environmental Conference

August 1, 2006

AUSTIN (August 1, 2006) –Tim Wilkins, head of the Environmental and Natural Resources practice at Bracewell & Giuliani LLP, will moderate and serve as a speaker at a special session on the fundamentals of practicing environmental law at the 18th Annual Texas Environmental Superconference.   Hosted by the Environmental & Natural Resources Law Section of the State Bar of Texas, the conference will be held August 3-4, 2006 at the Four Seasons Hotel in Austin, TX.

The session, Environmental Law 102, will take place the night preceding the conference and will serve as a refresher and background on environmental law basics, including siting and permitting, enforcement and transactions. In addition to moderating, Wilkins will speak on the importance of environmental considerations in transactions, using commonplace scenarios to illustrate how current environmental laws often cause unforeseen complications, especially for investors that are less experienced with industrial operations.

“The recent increases in energy prices has led to an increasing number of investors interested in purchasing power plants and oil and gas assets in and around Texas,” said Wilkins. “These investors can buy heavily regulated facilities – even facilities that are currently in compliance with state and federal standards - only to have environmental standards become stricter a few months or years down the road. This can force the investors to add costly pollution controls, buy expensive emissions allowances, or reduce operations in order to comply.” At the conference, Wilkins will discuss how lawyers should handle the acquisition and divestiture process in order to help investors understand current and future risks and opportunities arising from the environmental laws.

Wilkins has significant experience with administrative, civil, and criminal environmental enforcement actions, as well as the resolution of regulatory and liability issues associated with contaminated properties. In addition, he is an expert in counseling on the environmental aspects of transactions and project siting and development and he has advised on the environmental aspects of numerous acquisitions, divestitures and financing transactions with leading companies in the energy, refining, electric power, chemicals, telecommunications, real estate, waste handling and municipal sectors.