Law360 (August 6, 2010, 12:52 PM EDT) -- Duncan Petroleum Corp. has agreed to shell out $2 million to settle environmental claims brought by federal regulators over leaky underground gasoline storage tanks.
Judge Gregory Sleet of the U.S. District Court for the District of Delaware signed off Thursday on a deal between Duncan President Robert M. Duncan and the U.S. Environmental Protection Agency, in which the company acknowledged that the government had already won summary judgment on five of the 23 claims in the complaint and was likely to succeed on establishing liability for the remaining counts, as well.
The U.S. sued Duncan in December 2008, bringing claims under...
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