Superfund Suit Over Sawmill Cleanup Rolls On

Law360, New York (April 22, 2011, 6:49 PM EDT) -- A federal judge ruled Friday that a logging company's claims for cleanup costs at a Montana sawmill under the Comprehensive Environmental Response, Compensation and Liability Act were not barred by contract, but dismissed some liability allegations against a paper company.

Adopting a magistrate judge’s recommendations, U.S. District Judge Donald Molloy said a sale agreement when Stimson Lumber Co. bought the sawmill from International Paper Co. did not transfer liability to the plaintiff, barring Stimson’s claims.

The lumber company had acquired the mill from Champion International Corp....
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.