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NVF YORKLYN SITE, In Re

Judicial · FY2006 · — · Final Order With Specified Cost Recovery · 177400

Penalty
Cost recovery
Compliance action

Case

Case Number
03-2006-0162
Type
Judicial
Lead
EPA
Outcome
Final Order With Specified Cost Recovery
DOJ Docket
90-11-2-979/2
Multimedia
Self-disclosure
N

Defendants (1)

Summary

EPA incurred CERCLA response costs at both sites. NVF owns both sites and filed for bankruptcy. DOJ filed a proof of claim on EPA’s behalf seeking reimbursement of CERCLA response costs for both sites. The debtor and US negotiated a settlement under which an unsecured, non-priority claim for both sites combined. This agreement took the form of a stipulation which was signed by the Bankruptcy Court on April 15, 2011. The settlement did not guarantee payment of this amount; rather it guaranteed payment of a percentage of this amount corresponding to the percentage assigned to general unsecured creditors.

Source

Authoritative
EPA ECHO
Machine
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