Judge Approves $49M Enviro Clean Up For Eastman Biz Park
By Pete Brush
Law360, New York (May 14, 2014, 6:13 PM ET) -- Rochester, New York's sprawling Eastman Business Park, where Eastman Kodak Co. made products for decades, will receive environmental remediation under a $49 million deal, approved Tuesday by a New York bankruptcy judge, that also will fund a look at whether the Genesee River also was polluted.
The Chapter 11 settlement creates a trust that will be administered by the New York State Department of Environmental Conservation.
"The assessment and mitigation of environmental damage affecting Eastman Business Park and the Genesee River is an important component of Kodak's...