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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
BOYLE HEIGHTS (CBSLA.com) — The state Department of Toxic Substances Control said the yards of 104 homes in a Boyle Heights neighborhood have been tested for lead, and released preliminary results Monday for more than half of those homes. Preliminary results from 62 homes near a battery-recycling facility showed that 12 residences were found to have soil that […]
THIS WILL BE A WORK-IN-PROGRESS MEDIA ROUNDUP. PLEASE CHECK OUT LINKS TO ADDITIONAL RELATED STORIES BELOW CALIFORNIA DEPARTMENT OF TOXIC SUBSTANCE CONTROL DTSC Announces Enforcement Order FOR IMMEDIATE RELEASE – NOV. 6 – SACRAMENTO – The state Department of Toxic Substances Control (DTSC) today announced an enforcement order against Exide Technologies requiring Exide to set […]
Exide was named the worst lead polluter in California and the third worst in the nation by the U.S. Environmental Protection Agency. “We have been going through the process, we have been respectful,†Molina told EGP. “Ignoring us is not the way to go,†she said about a potential lawsuit. Molina, like many eastside residents, […]
TAKEN FROM EXIDE NEWS RELEASE Exide Technologies Enters Into Plan Support Agreement MILTON, Ga., Nov. 4, 2014 (GLOBE NEWSWIRE) — Exide Technologies (the “Company”), a global leader in stored electrical-energy solutions, announced today that it entered into a plan support agreement (“PSA”) with holders of a majority of the principal amount of Exide’s senior secured […]
LAW 360 Bankrupt Exide Gets Nod To Extend $560M DIP Loan By Jamie Santo Law360, Wilmington (October 31, 2014, 6:09 PM ET) — A Delaware bankruptcy judge signed off Friday on Exide Technologies Inc.’s proposed extension of its $560 million debtor-in-possession financing package, but only after the battery maker agreed to terminate the Chapter 11 exclusivity period. […]
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