Environmental and Economic Impacts of Natural Resources Damages

Gain key ways to resolve Natural Resource Disaster Damage Liabilities and how to avoid common pitfalls in the resolution process.

Many potentially responsible parties and Trustees struggle with coming to resolution of a NRD claim. This topic helps both the PRP and the Trustee outline the steps and key decision points in resolving NRD claims. The material also offers some insights into avoiding common pitfalls in the resolution process. By successfully navigating the more difficult hurdles, this workshop offers both the PRPs and Trustees some ideas for a successful resolution in a timely manner. Successful resolution in a timely manner offers finality and restoration of the natural resources.

Learning Objectives

• You will be able to describe the NRDA process, including understanding the assessment process and quantification tools.
• You will be able to identify key ways to resolve NRD liabilities, such as early restoration projects.
• You will be able to recognize key impacts of a NRD claim.
• You will be able to explain injury definition, injury categories, and injury quantification.