Critics Charge Bankruptcy Deal Fails To Address California Site’s Pollution

October 13, 2020
California officials and federal lawmakers are criticizing a bankruptcy settlement between the United States and a lead-acid battery manufacturer because it is expected to leave thousands of properties without sufficient funding for the cleanup of lead, but one legal expert says the deal follows bankruptcy law and is similar to other such settlements. A proposed consent decree between Exide Holdings, Inc., and the United States brought under the Superfund law and Resource Conservation & Recovery Act (RCRA) may receive approval...

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