Marcal Settles With EPA For $3M
The U.S. government had originally sought damages of $946 million, resulting from Marcal's alleged pollution of an eight-mile section of the Passaic River in New Jersey.
The terms of the settlement were filed on Thursday. In the company's bankruptcy proceedings, the $3 million settlement will be an allowed general unsecured claim. Of that total, $2.16 million is alloted to...
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