US, United Nuclear Settle CERCLA Suit Over Mine Cleanup

Law360, New York (August 23, 2011, 8:29 PM EDT) -- An Arizona federal judge on Tuesday approved a settlement between United Nuclear Corp. and the U.S. government, which is seeking to recover the costs of cleaning up pollution near a mine in Tonto National Forest.

U.S. District Judge Neil V. Wake signed off on a consent decree in which United Nuclear, an indirect subsidiary of General Electric Co., agreed to pay the government $800,000 but admitted no fault in the matter.

Both parties agreed that "settlement of this matter will avoid further prolonged and complicated litigation...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

United States of America v. United Nuclear Corporation


Case Number

2:11-cv-01060

Court

Arizona

Nature of Suit

Environmental Matters

Judge

Neil V Wake

Date Filed

May 27, 2011

Law Firms

Companies

Government Agencies

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.