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Stradling

DuPont Completes Comprehensive EHS Audit of its Coatings Division

E. I. du Pont de Nemours

Worked closely with the E. I. du Pont de Nemours (commonly referred to as DuPont) legal team for more than a year supporting a complete environmental, health and safety (EHS) audit of their coatings business division in preparation for a competitive sale. In this capacity, one of our lawyers completed full EHS audits covering hundreds of facilities in dozens of countries, including manufacturing facilities with long industrial legacies. This work required close coordination with business and real estate teams and other counsel to first disentangle this business unit from the larger company, then drop it into a subsidiary and prepare it for sale. Dozens of unresolved EHS compliance and cleanup matters were identified and brought to closure, and we facilitated the packaging of ongoing EHS matters such that bidders for the business unit could quickly understand and become comfortable. The result was a successful sale of the business unit to Carlyle Group for over $5 billion.*