Calif. Air Regulator Defends $80M Exide Enforcement Action
Law360, New York (June 18, 2015, 6:01 PM EDT) -- A California air pollution regulator backed its push to hit Exide Technologies Inc. with environmental penalties totaling up to $80 million in Delaware bankruptcy court on Thursday, dismissing the battery maker’s argument that the claims are untimely “procedural gamesmanship of the worst sort.”
The automotive and industrial battery maker argued earlier this month that the South Coast Air Quality Management District’s new claims, part of the regulator’s state court suit, were filed after a December 2013 deadline to file proofs of claim. The regulator in turn shot back, saying that Exide had twisted the wording of a stipulation by interpreting it...
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