US Settles Alaska Railroad CERCLA Suit For $4.2M

Law360, New York (January 22, 2010, 3:05 PM EST) -- A federal judge has signed off on a $4.2 million settlement resolving an environmental cleanup suit between the U.S. government and Alaska Railroad Corp., the entity charged with operating Alaska's railroad system.

Judge Timothy M. Burgess of the U.S. District Court for the District of Alaska on Wednesday signed an order approving the settlement, which requires the federal government to pay $4.2 million to the railroad operator for costs incurred cleaning up hazardous waste at the Anchorage Terminal Reserve, a rail yard.

According to the settlement...
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