One of the most essential elements to ensure a successful post-settlement outcome is the establishment and administration of an effective, comprehensive settlement trust fund or funds. Based on our experience with administering two environmental mitigation trusts funded with the money from the 2016 Volkswagen AG settlements, we believe there are three core skill areas that are vital to a trustee’s success.
Emerging from 2020 & looking forward to 2021.2020 saw a high volume of activity in the renewable energy sector, as well as a meaningful uptick in the number of private placements being done.Renewables can be expected to drive the project finance market again in 2021, especially with tax credits now extended. There remains a strong interest in investing that encompasses ESG principles (Environmental, Social and Governance).
This article reprint was published in the January 2021 edition of Trusts & Estates magazine and provides an overview of some key state-level planning developments across the U.S.