Pengo Nearing Settlement With Texas In CERCLA Suit

Law360, New York (March 7, 2011, 5:51 PM EST) -- Pengo Industries Inc. is poised to settle with Texas and the federal government in a case brought against a group of companies including Halliburton Energy Services Inc. over cleanup costs for three sites contaminated with radioactive waste.

Specific details on the settlement were unavailable, but a notice from the Texas attorney general published in the Texas Register on Friday said the proposed judgment provides for the recovery of cleanup costs and attorneys' fees.

Most of the parties in the suit either have agreed to settlement amounts...
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