The South Coast Air Quality Management District will hold a permit hearing for Exide beginning at 9 a.m. PST, tomorrow, Wed., July 31, at its headquarters in Diamond Bar, CA. Exide’s Vernon, CA, Â lead smelter, which was temporarily closed in April by the California Department of Toxic Substances Control because of arsenic emissions, has been […]
Click here to read PDF of approved Final Order for Exide’s $500 million DIP loan, etc. According to this notice, a transcript of the hearing is available now only by going to the country clerk’s office in Delaware. “Electronic Remote Access” to the transcript will not be available until Oct. 24, 2013, unless extended by […]
Exide received final Bankruptcy Court approval today of its $500 million debtor-in-possession (DIP) financing provided by JPM Chase and a group of lenders to whom the DIP financing was syndicated. This final approval came in spite of objections filed by entities ranging from the City of Frisco, the TCEQ, environmental agencies from California, Florida, […]
FRISCO ENTERPRISE Frisco to take public input on Stewart Creek cleanup The city of Frisco will hold public input meetings prior to the remediation of Stewart Creek. Battery chips and potentially hazardous materials were recently found near the creek in several areas in the city. Photo by Kelsey Kruzich. By Anthony Tosie, atosie@starlocalnews.com, @anthonytosie on Twitter Published: Friday, […]
“The debtor may contend that its hands are tied from acting even in the event of a catastrophic event or emergency because it has no authority to spend cash collateral under an approved budget and there was not sufficient time to obtain such approval from the lenders,†the motion filed in the U.S. Bankruptcy Court […]
From December 14-18, 2009, a team of EPA inspectors conducted a multimedia compliance evaluation inspection of Exide Techonologies lead smelter in Frisco to evaluate the facility’s status with the: Resource Conversation Recovery Act (RCRA) Clean Water Act (CWA), the Clean Air Act (CAA) and the Emergency Planning and Community Right-to-Know Act (EPCRA) The final report […]
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TO SEE PHOTOS OF TAKEN BY TCEQ OF STEWART CREEK INSIDE THE EXIDE LEAD SMELTER PROPERTY CLICK HERE Grand Park is mentioned several times in the City of Frisco’s Comprehensive Plan, which was last updated in 2006. From Frisco’s Comprehensive Plan’s Introduction to the Land Use Strategy (Chapter 4): “The right of a municipality to […]
DALLAS MORNING NEWS Frisco to tap state fund for its share of Exide cleanup Vernon Bryant/Staff Photographer Crews dismantle a smokestack in May at Exide Technologies’ Frisco plant. By VALERIE WIGGLESWORTH Staff Writer vwigglesworth@dallasnews.com Published:Â 08 July 2013 10:33 PM Updated:Â 09 July 2013 07:22 AM After 20 years of trying, the city of Frisco will receive […]
DALLAS MORNING NEWS Frisco, state attempt to secure financing for cleanup at Exide site during bankruptcy By Valerie Wigglesworth vwigglesworth@dallasnews.com 1:05 pm on July 6, 2013 The city of Frisco filed a motion in federal bankruptcy court this week that joins the state in its efforts to secure funding for environmental cleanup at the closed Exide […]
FROM LAW360 (subscription required) Exide Bankruptcy Loan Shirks Enviro Liability, Texas Says By Jeremy Heallen Law360, Houston (July 03, 2013, 8:08 PM ET) — Texas regulators urged a Delaware bankruptcy judge to prevent troubled battery maker Exide Technologies Inc. from continuing to spend proceeds from a $500 million postpetition loan until funds are secured for environmental cleanup […]
With conditions, the Los Angeles Superior Court yesterday granted Exide a preliminary injunction, allowing the company to temporarily continue operations at its troubled Vernon, CA, lead smelter until administrative hearings before Administrative Law Judge Julie Cabos-Owen can be scheduled for continuation and completion. The court granted the preliminary injunction under the conditions that the company […]
CALIFORNIA DEPARTMENT OF TOXIC SUBSTANCES CONTROL EXIDE VERNON FACTS -UPDATED A report by Exide to the AQMD calculated a maximum individual cancer risk of 156 in a million for those working near the facility, which is located in a largely industrial area. That risk is far above the agency’s public threshold of 10 in […]
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