Refiners Reach $4M Deal To Settle Mich. Cleanup Suit

Law360, Washington (May 22, 2013, 6:56 PM EDT) -- Chem-Serve Corp. and Dearborn Refining Co. have agreed to pay $3.8 million to settle a U.S. Environmental Protection Agency suit over hazardous substances spilled or abandoned at waste oil sites in Michigan, according to a judgment filed Wednesday.

Chem-Serve and its majority stakeholder Aramais Moloian will pay the agency $2.8 million plus interest while Dearborn will pay $1 million plus interest over an alleged failure to comply with unilateral administration orders and additional civil penalties for their failure to comply with information requests.

The Superfund sites...
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