Archive | December, 2014

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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