Tag Archives: contaminated property

BREAKING NEWS: After EPA-driven revisions that would require regulators to be informed and clarification made that potential purchasers are responsible for remediation, judge allows Exide to sell or abandon contaminated properties without approval

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The federal government challenged Exide’s request earlier this week on behalf of the Environmental Protection Agency, saying that while the proposed sales process might be fine in most bankruptcies, it was troubling in a case in which the debtor owned upward of 60 potential contaminated properties. At a hearing in Wilmington, Exide counsel announced that […]

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