Union Pacific Must Aid In $214M Superfund Deal, Asarco Says

Law360, New York (May 31, 2012, 4:54 PM EDT) -- Copper mining giant Asarco LLC fired off a suit in Arizona federal court Wednesday claiming Union Pacific Railroad Co. failed to contribute nearly half of a $214 million lead contamination settlement approved as part of Asarco’s Chapter 11 reorganization in 2009.

Union Pacific wrongly claimed that a separate $25 million settlement it reached with the government in June 2011 negated its duty to contribute to the Superfund deal, which resolved claims over contamination at a smelter facility in Omaha, Neb., according to the complaint.

Union Pacific,...
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