Great American Superfund Settlement Gets The Boot

Law360, New York (September 12, 2011, 9:36 PM EDT) -- A Florida federal judge on Monday rejected the federal government's proposed consent decree aimed at resolving its Superfund lawsuit against Great American Financial Resources Inc., saying the settlement failed to fully resolve the company's liability.

The settlement was reached in response to the government's Comprehensive Environmental Response, Compensation and Liability Act suit filed in December 2010 that demanded GAFRI, an American Financial Services Inc. subsidiary, provide reimbursment for the U.S. Environmental Protection Agency's cleanup and detoxification of the Sprague Electric Co. Superfund Alternative Site in Longwood,...
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