Category: Environmental

Cleaning up at the casino: Part 2, “What else could you do?”

30 December, 2014 (10:00) | Casinos, Development, Environmental, Everett, Housing, Land use, Local issues, US News, Zoning | No comments

[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s post on the immediate benefit of Massachusetts’ casino license award to Wynn’s group focused not on the state’s win ($85 million in licensing fee) but the City of Everett’s imminent environmental cleanup of the casino site, an oblong finger into the sleepy shallow muddy Mystic […]

Cleaning up at the casino: Part 1, “A fairly rough site”

29 December, 2014 (10:00) | Casinos, Development, Environmental, Everett, Gambling, Housing, Land use, Local issues, US News, Zoning | No comments

By: David A. Smith The referendum to repeal casino gambling in Massachusetts having been decisively defeated (as I and everybody else expected, in part because proponents of casino gambling outspent opponents 20 to 1), the Wynn group is proceeding with its site’s development (having wired the $85 million licensing fee the day after the referendum), […]

Vampire Sandy

28 November, 2012 (15:40) | Cities, Disaster recovery, Environmental, EPA, Housing, Law, Litigation, New York City, Sandy, Torts, US News, Vampires |

By:David A. Smith   When a crypt floods, the rising water floats its coffins, so that when it is reopened, they appear to have been flung about by vampires.   I sure hope it wasn’t toxic waste   Long ago, I learned that when it comes to environmental hazards, the best policy is laissez faire […]

BP BK: Part 2, capping the economic damages

7 July, 2010 (14:13) | Bankruptcy, BP, Capital markets, Contracts, Ecosystem, Environmental, Liability, Litigation, Risk, Risk mitigation, US News |

By: David A. Smith   [Continued from yesterday’s Part 1.]   As we saw in yesterday’s post on risk mitigation, using as our illustrative case the BP mess, using an under-noticed Grist.org article with bankruptcy expert Peter S. Kaufman, BP is facing a toxic American gusher – a spewing mountain of claims that is all […]

BP BK: Part 1, a gushing economic spill

6 July, 2010 (11:35) | Bankruptcy, BP, Capital markets, Contracts, Ecosystem, Environmental, Liability, Litigation, Risk, Risk mitigation, US News |

By: David A. Smith   When the mule becomes stubborn, what do you do?   Flog it?  Cajole it?  Bribe it?   Fix it!   Shoot it?   That was fun – now what?   As highlighted in a Grist.org article I stumbled over, this is quite the conundrum.   As the capital provider – […]