Just recently, the City of Carson, California, about 10 miles south of downtown Los Angeles, approved the redevelopment of a former landfill site into a 80,000 seat football stadium, which one day may be the home stadium of the San Diego Chargers and the Oakland Raiders. There is enormous support for this project, from local and state authorities, the NFL, and the millions of football fans who want to see professional football return to the nation’s second largest city. This two-team stadium is expected to be the most expensive sports arena ever built, with some estimates putting the price tag north of $1.5 billion.
Miller Friel played an integral part in this transformative transaction by providing legal and strategic advice to Tetra Tech, Inc.. Tetra Tech, one of the nation’s leading engineering and environmental companies, is responsible for the remediation of the site. Miller Friel assisted Tetra Tech in securing funding under its environmental insurance policy, providing coverage for, among other things, environmental remediation and related operations and maintenance costs for work performed by Tetra Tech over the past eight years. We also provided assistance to ensure that there was continuous environmental insurance coverage for the property, which was recently transferred to new owners. Securing insurance funding was particularly important here given the extraordinary costs and environmental complexities associated with the site and its redevelopment.
“This project is one of the largest and most important redevelopment projects in the United States, and Miller Friel is honored to work with Tetra Tech and its team of professional engineers, architects and designers to ensure the best possible result, says Brian Friel, MIller Friel’s Co-Founder and Managing Partner. According to Brian, “this project is a reflection of the quality of work that Miller Friel does, the national scope of our practice, and the value-added services we provide.”
We hope to report back in a few years with a photo of the Miller Friel legal team on the sidelines of a Chargers-Raiders game at the new Los Angeles Stadium in Carson, California. Stay tuned.
Miller Friel, PLLC is a specialized insurance coverage law firm whose sole purpose is to help corporate clients maximize their insurance coverage. Our Focus of exclusively representing policyholders, combined with our extensive Experience in the area of insurance law, leads to greater efficiency, lower costs and better Results. Further discussion and analysis of insurance coverage issues impacting policyholders can be found in our Miller Friel Insurance Coverage Blog and our 7 Tips for Maximizing Coverage series. For additional information about this post, please call 202-760-3160.