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LCP Chemicals, Inc. (NC)(NLP)

Judicial · FY2016 · — · Final Order With Specified Cost Recovery · 3600681116

Penalty
Cost recovery
Compliance action

Case

Case Number
02-2016-0006
Type
Judicial
Lead
EPA
Outcome
Final Order With Specified Cost Recovery
Multimedia
Self-disclosure
N

Defendants (1)

Summary

On September 4, 1987, the Defendant, which is the former insurer of owner/operator (LCP Chemicals, Inc.) of the LCP Chemicals, Inc. Superfund Site in Linden, NJ, entered into receivership in Illinois state court . EPA has claims against the Defendant under the excess umbrella policy issued to LCP in connection with LCP's liability at multiple sites across EPA Regions 2, 3, and 4. The United States entered into a Settlement Agreement with the statutory and court-affirmed Rehabilitator of the Defendant to settle EPA's claims in the total amount of $8,750,000. The Illinois state court approved the settlement on July 12, 2017.

Source

Authoritative
EPA ECHO
Machine
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