RG Steel To Settle With EPA For $20M In Allowed Claims

Law360, Wilmington (August 2, 2013, 4:24 PM EDT) -- A Delaware bankruptcy judge gave his stamp of approval Friday to a settlement between RG Steel LLC and the U.S. Environmental Protection Agency that will see the regulator have nearly $20 million in allowed claims stemming from alleged civil penalties at several of the defunct steelmaker's former facilities.

U.S. Bankruptcy Judge Kevin J. Carey made little comment as he accepted the settlement stipulations at a hearing in Wilmington, where an RG Steel attorney said the agreement received response in support after it was put through a...
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.