Virgin Islands Strikes Deal With US In Water Pollution Case

Law360, New York (August 8, 2012, 3:36 PM EDT) -- The federal government and the U.S. Virgin Islands on Tuesday sought court approval of a settlement requiring the Virgin Islands to take over remediation activities one year earlier than obligated at a Superfund site that contaminated the territory's main drinking water supply.

The U.S. had been trying to recoup more than $8.2 million it spent cleaning up the Tutu Wellfield Superfund Site in St. Thomas under the Comprehensive Environmental Response, Compensation, and Liability Act, but Tuesday's consent decree does not require reimbursement for past activities....
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.