DOJ Strikes $74M Settlement For Site Cleanup

Law360, New York (April 17, 2007, 12:00 AM EDT) -- The U.S. Department of Justice and New Hampshire have reached a $74 million settlement with 101 parties that are potentially liable for seriously contaminating an oil waste site over the 70-plus years it was in use.

According to the agreement, about $48 million will go towards cleanup at the Beede Waste Oil Superfund Site in Plaistow, N.H., the DOJ said Monday. An additional $9 million will be used for future federal and state oversight costs, and $17 million will pay for federal and state agencies’ past...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.