TBLS Environmental Advisory executives, Frances Schlosstein and Jeff Andrilenas co-presented at the May, 2014 global law partners meeting of O’Melveny and Myers in NYC along with colleagues from Aon Risk Solutions. TBLS and Aon responded to the law firm’s invitation by focusing on innovative tools that help deal makers to accelerate closing while mitigating risks. Aon discussed solutions to some typical issues M&A, Bankruptcy and other deal makers face including Reps and Warranties, Outstanding or Threatened Litigation, Uncertainty around Tax Treatment, Fraudulent Conveyance and Environmental. TBLS was able to demonstrate through an M&A case study how environmental liability valuation tools including decision trees and Monte Carlos were used to mitigate risks and bring closure to a deal where environmental liability was the “deal breaker”. It was an interesting discussion as veteran deal makers from O’Melveny and Myers, Aon and TBLS realized that we had several large deals in common dating back to the late 1990.