Asarco Asks Court To Toss $68M Texas Cleanup Claim

Law360, New York (September 19, 2007, 12:00 AM EDT) -- Bankrupt copper mining company Asarco LLC has urged a bankruptcy court to quash a $68 million claim by Texas officials for environmental damage to the state's coast, a claim it argues was filed too late.

In an objection lodged with the court on Friday, Asarco said the damage claim filed in July 2006 by the Texas attorney general on behalf of the state's natural resource trustees was barred by the statute of limitations.

The claim, just one of scores against the bankrupt copper producer for environmental...
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