Union Pacific Settles With Shell Over Lead-Contaminated Site

Law360, Chicago (March 02, 2012, 2:09 PM ET) -- Union Pacific Railroad Co. called a truce Thursday in its suit targeting Shell Oil Co. for cleanup costs at a Louisiana scrap yard, settling its claims that the energy giant should have helped with remediation of lead contamination at the site.

U.S. District Judge Patricia Minaldi signed off on a judgment of dismissal after Union Pacific's counsel notified the court of the settlement, tossing the suit without prejudice and with the right, if good cause is shown within 60 days, to reopen the case if the...
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