Tag Archives: Exide

EXIDE VERNON UPDATE: Document offers closer look at agreement reached between Exide, State regulators

Exide Vernon

CBS LOS ANGELES Document Offers Closer Look At Agreement Reached Between Exide, State Regulators BOYLE HEIGHTS (CBSLA.com) — Lead-contaminated soil continues to be removed from the yards of homes near a battery-recycling facility in the wake of an agreement between state regulators and Exide Technologies. As part of the agreement, Exide has pledged $48 million to clean up […]

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EXIDE VERNON UPDATE: Vernon-area residents accuse DTSC of Environmental Racism because of agency’s ongoing, knowing failure to permit Exide lead smelter, its ongoing failure to fulfill its responsibility to oversee and enforce long-time-on-the-books regulations to protect neighborhoods and health, and failure to keep Exide from continuously violating hazardous waste laws and more (just check out recent postings below)

Exide Protests

EGPNEWS.COM DTSC Accused of ‘Environmental Racism’ By EGP Staff Report Hundreds of people took to the streets of Vernon last week to call for the closure of Exide Techonologoes, an embattled lead-acid battery recycler in the city. “Stand by our side, shut down Exide,” chanted residents and environmental activists from Boyle Heights, Maywood and Huntington […]

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EXIDE’S NEGATIVE IMPACT ON OTHER COMMUNITIES: Exide SuperFund-designated plant in Greer, SC, finally being demolished 20 years after lead smelter was closed


The EPA designated this site a SuperFund site — SCD042633859 — but it was not originally placed on the the National Priorities List. In a November 21, 2014, filing with the U.S. Bankruptcy Court, Exide was listed as owner of this property, and stated that it is an unencumbered asset. GREERTODAY.COM Former Exide battery plant […]

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EXIDE FINANCIAL UPDATE: Exide’s red ink adding up in bankruptcy


DOW JONES & COMPANY Exide’s Red Ink Adding Up in Bankruptcy — Market Talk 15:57 EST – Battery-maker Exide Technologies (XIDEQ) lost $24.1M in December, bringing its total losses since filing for bankruptcy in June 2013 to more than $380M. But with the announcement this week of a deal with unsecured creditors, Exide could soon […]

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EXIDE VERNON BREAKING NEWS: Blood lead testing extended for residents near Exide’s Vernon lead smelter

Exide blood lead tests

EGPNEWS.COM Lead Blood Testing Extended for Residents Near Exide Only 500 people have been tested so far. By Nancy Martinez, EGP Staff Writer Since hearing that elevated levels of lead were found in soil at Salazar Park in unincorporated East Los Angeles, Reina Rodriguez says she rarely takes her 4-year old son there to play. […]

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EXIDE BANKRUPTCY UPDATE: Exide gets nod for Chapter 11 reorganization plan disclosure


LAW 360 Exide Gets Nod For Ch. 11 Reorganization Plan Disclosure By Jamie Santo Law360, Wilmington (February 04, 2015, 7:50 PM ET) — A Delaware bankruptcy judge on Wednesday gave Exide Technologies Inc. the green light to solicit votes for a restructuring plan that would trim roughly $600 million in debt and blessed a slate of motions […]

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EXIDE VERNON BREAKING NEWS / MEDIA ROUNDUP: DTSC issues Exide 8 hazardous waste violations after site inspections of lead smelter during past seven weeks


CLICK HERE TO READ THE DTSC SUMMARY OF VIOLATIONS AGAINST EXIDE But it probably stems from Exide’s long history of environmental negligence, having contributed “through deposition, approximately 424 lbs. of lead in both 2004 and 2005 and 712 lbs. of lead in 2006 to the watershed,” and the current charge that Exide had “failed to minimize the […]

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EXIDE BANKRUPTCY UPDATE: Unsecured creditors say Exide’s Chapter 11 plan won’t fly

exide POR

LAW 360 Exide Unsecured Creditors Say Ch. 11 Plan Won’t Fly By Matt Chiappardi Law360, Wilmington (January 02, 2015, 7:33 PM ET) — The unsecured creditors committee for bankrupt Exide Technologies Inc. blasted the battery maker’s disclosure statement Friday, arguing it describes a “patently unconfirmable” plan that was proposed in bad faith because the debtor only negotiated […]

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EXIDE BANKRUPTCY BREAKING NEWS: U.S. Trustee files Protective Objection to and Reservation of Rights regarding Exide’s attempt to submit and gain approval of incomplete Plan of Reorganization and Disclosure Statement

US Trustee

On Dec. 31, 2014, Roberta A. DeAngelis, the United States Trustee for Region 3 filed a Protective Objection to and Reservation of Rights Regarding Exide’s Motion for Entry of an Order (a) Approving the Adequacy of the Exide’s Disclosure Statement; (b) Approving Solicitation and Noticing Procedures with Respect to Confirmation of Exide’s Proposed Plan of Reorganization; (c) […]

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EXIDE VERNON – 2014 IN REVIEW: Pollution at Exide tops year’s list of stories


LOS ANGELES WAVE 2014 IN REVIEW: Pollution at Exide tops year’s list of stories December 31, 2014 Written by:  Wave Staff Environmental activists protest outside Exide Technologies in Vernon last April, calling for state regulators to shut down the battery recycling plant if the emission problems at the plant can’t be solved. (Photo by Gary […]

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EXIDE VERNON MEDIA ROUNDUP – In 5 lawsuits, residents sue Exide officials over alleged exposure to toxins; suits claims Exide officials mislead public and environmental regulators about safety of lead smelter’s daily emissions into air and willfully endangered the health of children living nearby

Exide lawsuits

MYNEWSLA.COM Exide battery plant named in 3 more lawsuits POSTED BY COLLEEN PARK ON DECEMBER 24, 2014 Photo via Wikimedia Commons. Three more lawsuits were filed against several company executives and the manager of the Exide battery recycling plant in Vernon by residents who allege they and their children were exposed to lead, arsenic and other contaminants. One […]

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EXIDE BANKRUPTCY UPDATE – Exide bondholders contend Chapter 11 reorganization plan unfair and unworkable

exide POR

LAW 360 Exide Bondholders Contend Ch. 11 Plan Unfair, Unworkable By Jamie Santo Law360, Wilmington (December 18, 2014, 8:16 PM ET) — Two senior bondholders of Exide Technologies Inc. took issue with the battery maker’s disclosure statement Thursday, saying it supports an unconfirmable Chapter 11 plan that improperly favors certain creditors. Frank Smith and Michael Nelson, who […]

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EXIDE BANKRUPTCY UPDATE – Exide shareholders lose bid for bigger role in bankruptcy


Bloomberg News Exide Shareholders Lose Bid for Bigger Role in Bankruptcy By Steven Church December 11, 2014 Shareholders of Exide Technologies, the 125-year-old battery maker, are close to being wiped out and don’t need a court-approved committee to help them fight a reorganization plan that would pay them nothing, a judge said. U.S. Bankruptcy Judge Kevin […]

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EXIDE VERNON MEDIA ROUNDUP – Second phase of cleanup of lead-contaminated soil from homes near Exide lead smelter begins

Exide Lead Cleanup

EGPNEWS.COM Exide Residential Cleanup Continues By Nancy Martinez, EGP Staff Writer On the quiet block of La Puerta Avenue in Boyle Heights, a small bobcat bulldozer was in high gear last week, removing dirt from homes where high levels of lead were found. At least one hundred wheelbarrows of tainted soil were removed from two […]

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EXIDE VERNON BREAKING NEWS: UPDATED – Bankruptcy judge approves Exide and DTSC’s deal; For now*, homes can be tested for lead, County supervisors explore legal options


CLICK HER TO READ BANKRUPTCY COURT ORDER ALLOWING EXIDE TO ENTER INTO AGREEMENT WITH DTSC LASTREETSBLOG.COM Exide Settlement with DTSC Limits (For Now)* Homes that Can Be Tested for Lead, County Supervisors Explore Legal Options  Thursday, November 20, 2014 by Sahra Sulaiman Good news, good people of Maywood, Boyle Heights, and East L.A. who live within […]

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EXIDE BANKRUPTCY BREAKING NEWS: Loss of one of Exide’s biggest customers by volume may shake up company’s Chapter 11 reorganization plan

exide POR

THE COPY BELOW IS TAKEN DIRECTLY FROM EXIDE’S FILING WITH THE SEC On November 17, 2014, Exide Technologies (“Exide” or the “Company”) filed with the Bankruptcy Court (1) a proposed plan of reorganization (the “Proposed Plan”) and (2) a related proposed disclosure statement (the “Proposed Disclosure Statement”). Proposed Financial Projections were attached to the Proposed […]

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EXIDE VERNON BREAKING NEWS: Los Angeles says Exide’s bankruptcy deal regarding Vernon smelter moving too fast

Los Angeles

LAW 360  LA Says Exide’s Ch. 11 Vernon Plant Deal Moving Too Fast By Matt Chiappardi Law360, Wilmington (November 17, 2014, 5:05 PM ET) — Both the city and county of Los Angeles balked Monday at the speed of a nearly $50 million deal bankrupt Exide Technologies Inc. struck with California regulators over its troubled Vernon plant, […]

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EXIDE BANKRUPTCY BREAKING NEWS: Exide files Plan of Reorganization and Disclosure Statement

exide POR

THE STREET.COM Exide Technologies Files Plan Of Reorganization And Disclosure Statement 11/17/14 – 09:15 PM EST MILTON, Ga., Nov. 17, 2014- Exide Technologies today that it has filed its plan of reorganization (the “Plan”) and disclosure statement with the U.S. Bankruptcy Court for the District of Delaware. The Plan and disclosure statement are consistent with […]

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EXIDE VERNON BREAKING NEWS / MEDIA ROUNDUP: Los Angeles County official blasts ‘secret’ deal among Gov. Jerry Brown, DTSC and Exide; LA County Board of Supervisors approves motion to have attorneys consider legal options to force closing of Exide’s violation-ridden lead smelter and cleanup of nearby neighborhoods


CBS LOS ANGELES Official Blasts “Secret” Deal Over Battery Recycling Plant LOS ANGELES (CBSLA.com) — A Los Angeles County official Wednesday called for legal action against a battery recycling plant in Vernon which authorities say has operated without a permit for decades. Supervisor Gloria Molina held a rally outside the Kenneth Hahn Hall of Administration along […]

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EXIDE VERNON BREAKING NEWS: Los Angeles County Department of Public Health asks Southern California health educators to help promote blood lead screenings in East Los Angeles neighborhoods near violation-ridden Exide lead smelter

Small - Exide Blood Lead Testing

SOUTHERN CALIFORNIA SOCIETY FOR PUBLIC HEALTH EDUCATION The Los Angeles County Department of Public Health is responding to concerns about lead exposure in communities near the Exide Technologies battery recycling plant in the city of Vernon, California.  Public Health is offering free, confidential Blood Lead Screening for any resident, student, employee, or childcare participant within an […]

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