U.S. Wants Court Approval Of Marcal's Superfund Deal

Law360, New York (September 24, 2007, 12:00 AM EDT) -- The U.S. government has urged a federal bankruptcy court to sign off on a $3 million settlement deal it made with bankruptcy Marcal Paper Mills Inc. over pollution claims involving New Jersey's Lower Passaic River.

In court papers filed Thursday, the U.S. Department of Justice noted that the public comment period for the proposed settlement agreement ended on Sept. 10, and that the United States has only received comments from the Lower Passaic River Study Area Cooperating Parties Group.

The CPG earlier argued in court documents...
To view the full article, register now.

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.