CBS Rips Waste Co.'s Efforts To Elicit Cleanup Funds

Law360, New York (March 4, 2010, 7:11 PM EST) -- CBS Corp. has fought back in a squabble over decades-old pollution cleanup obligations stemming from a past stock deal involving the formerly bankrupt Safety Kleen Corp., which appealed an order allowing the network to sidestep the liabilities.

The entertainment company filed a brief on Wednesday in the U.S. District Court for the District of Delaware contending that the bankruptcy judge overseeing the Safety Kleen case was correct in allowing a past contract concerning the cleanup obligations to be rejected through the bankruptcy process.

In bankruptcy court...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.