Pamela K. Elkow

Experience

• Counseled client on environmental aspects of acquisition and remediation of various parcels that will become larger redevelopment parcel. Advice included retention of environmental consultant, review of environmental investigation reports and remedial cost estimates, and compliance with remediation regulations. Redevelopment will include hotel and office building.
• Engaged by a Fortune 100 company to dispose of real estate consisting of parcels of unimproved land and two office buildings, together with negotiating leases in excess of 70,000 square feet for each of two new corporations resulting from a corporate divestiture and restructuring.
• Represented quasi-governmental authority in condemnation of former steel manufacturing site for redevelopment.
• Counseled Dominion Resources on environmental aspects on acquisition of Millstone Nuclear Power Plant and remediation of environmental conditions at the plant.
• Represented administrative agent and syndicate of lenders in connection with $200 million revolving and term-loan facility to fund a “going private” transaction, a dissenting shareholder reserve and working capital needs, secured by real property located throughout the United States and a blanket lien on all other assets.
• Represented Farrell Corp., a manufacturer of processing equipment for primarily the rubber and plastics industries, in its sale to a German buyer.
• Representation of a well-known diversified technology, media, and financial services company in deconstruction and remediation of a manufacturing facility with environmental, historic, and wetlands challenges in Bridgeport, Connecticut.
• Representation of a diversified aerospace company in response to OSHA citations. One citation was dismissed completely. The other was settled by withdrawal of “willful” citation. Penalty reduced to $16,500. Appeal handled out of New York Regional Solicitor’s Office.
• Representation of a public-private partnership with the State of Connecticut to redevelop, operate, and maintain Connecticut’s 23 highway service plazas. The 35-year agreement was the result of extended negotiations with the state Department of Transportation. The service plaza overhauls will also include “green” initiatives to bring the facilities up to Leadership in Energy and Environmental Design standards, improve water runoff patterns, and install idle-reduction technology for use by trucks on the Connecticut Turnpike, also known as Interstate 95. Including projected revenues, initial construction, and reinvestments, the benefit to the State of Connecticut is estimated to be almost $500 million over the term of the agreement.
• Representation of Hackman Capital LLC, a real estate investor group, as outside environmental counsel for various environmental issues related to a portfolio of 19 light industrial properties in New York, Pennsylvania, Connecticut, Massachusetts, New Hampshire, Colorado, and Texas.

Acquisitions and Sales

• Representation of an elevator manufacturer in relocating and expanding its manufacturing facility to Bridgeport, Connecticut. The firm helped the client obtain a loan from the Connecticut Department of Economic and Community Development (DECD) to buy the property. The firm also helped the client apply for an urban sites grant from the DECD and the Connecticut Department of Energy and Environmental Protection to remediate historic contamination on the property that was limiting its redevelopment.

Environmental

• Represented owners who had purchased a manufacturing facility involved in a messy bankruptcy proceeding with several creditors. The company, designed and built to manufacture solar cells for photovoltaic components, was entangled in numerous legal hurdles. Assisted in unraveling the complex obstacles by helping the company understand the value and potential uses of the specialized manufacturing infrastructure installed in the facility, including clean manufacturing rooms, redundant air and power systems, and enhanced electrical capacity.