Exide Wants Calif. Air Regulator Sanctioned For New Claims
Law360, New York (June 4, 2015, 2:45 PM EDT) -- Battery maker Exide Technologies Inc. asked a Delaware bankruptcy judge on Wednesday to sanction a California air pollution regulator over new claims of alleged environmental violations seeking up to $80 million in penalties, saying the claims are untimely and barred under its reorganizational plan.
The automotive and industrial battery maker argued that South Coast Air Quality Management District's new claims, filed in the regulator's state court suit against Exide, aim to double the amount of penalties sought in the regulator's suit and were filed far after a December 2013 deadline set by the court to file proofs of claim.
The company's reorganizational...
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