Page 12 - Key Additional Legal Services for Vantage Data Centers Brochure

Key Additional Legal Services for Vantage Data Centers
Development and Entitlement Contracts
Once your approvals are complete, we can assist you through all phases of the development process. On many occasions, development projects may require certain legislation to be adopted, or may be subject to threatened restrictive legislation. In these cases, we assist clients by working with members of the local legislative body to process and review proposed legislation. Our vast experience in this area of the law includes negotiating and preparing various types of contracts and agreements which may become necessary due to the complexity of the development process.
Market Uncertainty
Periods of market uncertainty can mean risks in some instances and opportunities in others. We can help navigate insolvency-related issues and mitigate economic losses through loan modifications, workouts, receiverships, conversion of distressed assets, disposition of all asset types and sizes, lease modifications, international and domestic bankruptcy, business reorganization and financial restructuring, and real estate-related litigation, including the crucial elements of strategic planning and negotiations with lenders and venture partners.
We can assist with capitalizing on unique economic opportunities, such as acquiring or financing distressed assets, debt-stack positions, REO/OREO, receivership, bankruptcy and other value-add assets, and advise on the strategies and pitfalls associated with buying or investing in broken projects that are partially completed and/or sold. We can also assist with evaluating the value and liabilities associated with entitlements that have issued or may be pending for real property, as well as assist clients with taking advantage of slowdowns by processing, obtaining and extending entitlements from local, State and federal agencies.
ESG & Sustainability
Project development raises a host of ESG and Sustainability issues, from the suitability of a project for ESG-sensitive investors to the many ways in which a project can impact and be impacted by environmental conditions, including climate change. Project development also raises social issues, including environmental justice considerations, as well as the rights of indigenous communities and the working conditions of employees. These challenges demand a thoughtful approach to project development and implementation that goes beyond a narrow focus on financial metrics and regulatory compliance (both of which are critical to the success of a project) to include broader ESG and sustainability considerations. We help clients plan and implement projects to maximize their positive impact for all stakeholders from initial R&D to full implementation and distribution. By thinking ahead, we aim to avoid problems down the line—and if problems do arise, we are well-equipped to guide clients through dispute resolution proceedings.
Carbon Trading
We can also assist Vantage Data Centers enter and participate in global carbon markets, advising on participation in emissions trading in North America, Latin America, Europe and China. Companies turn to us to create, acquire and sell emission offset and emission reduction credits and acid rain allowances under the United States Clean Air Act, SCAQMD RECLAIM and other new source review and air credit programs. Companies not subject to regulatory emission reduction obligations seek experience, skills, contacts and other benefits from reducing or offsetting their greenhouse gas emissions. Many carbon reduction projects create viable, diversified investment opportunities, particularly for energy and electric generating companies.
11