Alcoa Loses Bid To Toss Ind. Cleanup Suit

Law360, New York (April 30, 2009, 12:00 AM EDT) -- A federal judge has denied Alcoa Inc.'s bid to halt a lawsuit seeking more than $500,000 in cleanup costs at an Indiana factory that the aluminum giant sold in 1997.

Judge Nora Barry Fischer of the U.S. District Court for the Western District of Pennsylvania ruled Wednesday that Silgan White Cap Americas was allowed to sue Alcoa for the costs of cleaning up the factory under a purchase agreement the two parties signed.

Alcoa argued that claims made by Silgan under the Comprehensive Environmental Response, Compensation...
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.