Tag Archives: Settlement Agreement

EXIDE BANKRUPTCY BREAKING NEWS: Court gives Exide 30-day exclusivity extension to file its Plan of Reorgnaization; Exide president expresses commitment to investment in plants and facilities — perhaps to bring them into compliance with state and federal regulations? No mention made of any Exide plans for communities negatively impacted by its violation-plagued current and former operations

june30_full

While Exide’s Caruso stated that the company “continues to invest in its business, and this amendment to the DIP supports our commitment to ongoing improvements in our operations and facilities,” he made no mention of what plans Exide has to address the communities that have been negatively impacted by the plant’s emissions of lead, arsenic and […]

0 Comments Read more »

EXIDE FRISCO BREAKING NEWS: (SEE CORRECTION IN POST) TCEQ denies approval of Exide cleanup plan and lists 34 reasons it believes Exide is cutting corners on required cleanup/agreement; Cites concerns about safety of water for drinking

denied

CORRECTION This story was originally reported in October, 2013 CBS 11 – DALLAS/FORT WORTH

0 Comments Read more »

EXIDE FRISCO BREAKING NEWS: Cleanup costs elusive more than a year after Exide’s closure in Frisco

Exide Frisco

DALLAS MORNING NEWS  Cleanup costs elusive more than a year after Exide’s closure in Frisco By VALERIE WIGGLESWORTH Staff Writer vwigglesworth@dallasnews.com Published: 25 December 2013 10:52 PM Updated: 25 December 2013 11:08 PM Total costs to clean up contamination in Frisco are still up in the air more than a year after the Exide Technologies […]

0 Comments Read more »

EXIDE FRISCO BREAKING NEWS: Citizens group wants Frisco to remove all toxic waste from Exide lead smelter site; Frisco consultant says moving hazardous waste in soil to another location not preferred by City, unless its containment efforts don’t work

landfill-photo-exide-epa

Exide must also take steps related to a recent TCEQ notice of enforcement that found the company mishandled and improperly treated hazardous waste at the Frisco plant since 1998. Hazardous waste was first discovered in Exide’s landfill several years ago. The landfill is not permitted to contain hazardous waste. The main contaminants of concern are […]

0 Comments Read more »

BREAKING NEWS: Judge gives bankrupt Exide final approval for $500M DIP loan despite objections from City of Frisco, TCEQ, 10 states, EPA, Department of Justice due to concerns that city, state and U.S. taxpayers will be left to pay for cleanup of toxic contamination at Exide facilities; Frisco cleanup costs now range between $15 million and $130 million; How will Exide deal with its environmental liabilities in this second bankruptcy?

Exide - Who Will Pay for Cleanup?

  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, […]

0 Comments Read more »

BREAKING NEWS: TCEQ files objection to Exide request to keep spending proceeds from debtor-in-possession loan; wants judge to ensure funds secured for environmental cleanup obligations Exide owes Texas

TCEQ_t607

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 […]

0 Comments Read more »

BREAKING NEWS: Frisco citizens group and City disagree over testing levels for clean up of land surrounding Exide lead smelter site

question

Below are stories regarding the disagreement between Frisco Unleaded and the City of Frisco regarding testing levels for the clean up of land surrounding the Exide lead smelter which closed in November 2012: FRISCO ENTERPRISE Advocacy group claims Exide not meeting cleanup standard, city disagrees The demolition of Exide’s Frisco lead-acid battery recycling plant is […]

0 Comments Read more »

Exide manager gives review of demolition plans

From dallasnews.com: By VALERIE WIGGLESWORTH FRISCO — Exide Technologies briefed the public Wednesday on its plans to decontaminate and demolish its Frisco lead smelter. During a meeting attended by about three dozen people, Frisco plant manager Dave McKercher offered a tentative schedule and encouraged people to use the company’s website to ask questions, make suggestions […]

0 Comments Read more »

Tenative demolition/decontaimination timeline for the Frisco Exide plant

Dec. 31: Tentative date to begin demolition Jan. 15: Tentative date to begin removal of plant’s smokestacks March 1: Anticipated date to complete demolition May 1: Anticipated date to complete remediation of land purchased by city of Frisco Beyond May 1: Meet actions required by regulatory agencies

0 Comments Read more »

Frisco activists want more public input on Exide cleanup

From dallasnews.com: Environmental groups claim that the public is being shut out of the cleanup process for Exide Technologies’ secondary lead smelter in Frisco. The groups Frisco Unleaded and Downwinders at Risk say important decisions are being made behind closed doors without the public having a chance to review them or provide….. See the full […]

0 Comments Read more »

BREAKING NEWS: Exide Frisco lead smelter exceeds lead emission standards for fourth month in a row / TCEQ rubber stamps attainment plan for Exide lead smelter; Report finds flaws in calculations used and questions raised about legality and appropriateness of how TCEQ has avoided public input, comment and lack of action on Texas Public Information Act request

why_pencil

Below are comments from a letter submitted by James Schnurr – representing James Mallet, who has family in Frisco – during the public comment period of the TCEQ meeting today where the agency approved the plans the agency and Exide crafted to bring the Exide Frisco lead smelter into compliance with federal standards for lead […]

0 Comments Read more »

MEDIA ROUND-UP – Unanimous approval for deal to shut down Exide lead smelter; Residents ask for City diligence and citizen participation to ensure proper closure, remediation

Approved

DOWNLOAD MAYOR’S LETTER TO FRISCO CITIZENS REGARDING AGREEMENT WITH EXIDE   June 6 Green Source DFW Community Groups Make Their Voices Heard in Forcing Exide Plant Closure in Frisco June 5 KERA 90.1 FM Frisco’s Bill to Clean Up Exide – Audio included   June 4 CBS 11 Frisco Council OK’s Deal That Will Shutter […]

0 Comments Read more »

READ THIS AND BE THERE! Get copy of proposed Frisco / Exide settlement agreement and resolutions and plan to attend Monday City meetings to vote on approval; Also plan to attend June 21 Public Hearing

Urgent-Clipart

Share! Share! Share!   DOWNLOAD AND READ A COPY OF PROPOSED MASTER SETTLEMENT AGREEMENT HERE DOWNLOAD AND READ NOTICE OF JUNE 21 PUBLIC HEARING REGARDING PROJECTS RELATED TO PROPOSED MASTER SETTLEMENT AGREEMENT Special called meetings of the Frisco City Council, the Frisco Economic Development Corporation (FEDC) and the Frisco Community Development Corporation (FCDC) will be […]

0 Comments Read more »