Steel Cos. Can Go After Predecessor For Site Cleanup Costs

Law360, New York (March 22, 2013, 1:51 PM EDT) -- A federal judge on Thursday allowed Valbruna Slater Steel Corp. and Fort Wayne Steel Corp.’s lawsuit against Joslyn Manufacturing Co. over costs related to an environmental cleanup to proceed, rejecting Joslyn’s argument that the claims are time-barred.

Valbruna and Fort Wayne sued Joslyn in 2010 under the Comprehensive Environmental Response, Compensation and Liability Act, alleging Joslyn, which owned the property on which Valbruna and Fort Wayne now operate steel manufacturing factories, had polluted the site when it owned the land from 1928 to 1981 and operated...
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