Crucible Settles Honeywell, EPA Claims For $21M

Law360, New York (February 25, 2011, 8:41 PM EST) -- A bankruptcy judge issued an order Friday approving a $21 million settlement agreement among Crucible Materials Corp., Honeywell International Inc. and the U.S. Environmental Protection Agency over cleanup efforts at a New York Superfund site.

Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District of Delaware approved a Jan. 7 motion by Crucible, Honeywell and the EPA for approval of the settlement, which resolves Crucible's share of the $451 million cleanup of the bottom of Onondaga Lake, a Superfund site in northern New...
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