THIS CASE IS FILED TO RECOVER MONIES SPENT FOR A REMOVAL ACTION PERFORMED AT THE MAAS & WALDSTEIN COMPANY PROPERTY IN NEWARK, NEW JERSEY. THE ACTION ESSENTIALLY CONSISTED OF REMOVING DRUMS AND OTHER CONTAINERS OF HAZARDOUS SUBSTANCES FROM THE PROPERTY. THE MAAS & WALDSTEIN COMPANY IS CURRENTLY IN BANKRUPTCY PROCEEDINGS. THEREFORE, A PROOF OF CLAIM FOR ADMINISTRATIVE EXPENSES WILL BE FILED IN THESE PROCEEDINGS, SINCE THE ACTIONS TAKEN BY EPA HAVE PRESERVED AND ENHANCED THE ESTATE OF THE BANKRUPT BY REMOVING AN IMMINENT AND SUBSTANTIAL THREAT AND ENDANGERMENT FROM ITS PROPERTY. * 02/19/93 - REFERRED TO DOJ * 07/08/93 - PROOF OF CLAIM FILED * AS OF 6/07/2002 - NO SETTLEMENT ENTERED. *
CCDS: EPA received its distribution under the estate distribution plan in FY03. The Bankruptcy case is now closed. Finance will show the cost recovery collected September 2003.