Feds' cleanup claims against bankrupt Asarco could top $1 billion

US Lawyers Database

 
US Lawyers DB site is a comprehensive directory of lawyers, attorneys and law firms in USA. Find lawyers, attorneys, law firms and counsels in the US.
US Attorneys
MainLaw, Lawyers and Legal News › Feds' cleanup claims against bankrupt Asarco could top $1 billion
 
Feds' cleanup claims against bankrupt Asarco could top $1 billion
2006-08-12
DALLAS -- Federal officials have lodged claims that could easily top $1 billion against Asarco LLC for environmental damage left at 31 sites operated by the bankrupt mining and smelting company, including Washington state. The claims are based on Asarco cleaning up the sites, and it could rise significantly if the Environmental Protection Agency is required to do the work, government lawyers say. The Department of Justice filed the claim before a deadline Tuesday for submitting claims to an administrator appointed by a federal bankruptcy judge in Corpus Christi. States are seeking additional cleanup money. Last week, Washington state filed a claim for up to $600 million. The company also faces asbestos-exposure claims from individuals that could run into the hundreds of millions.
« Law News Full News »
 
More law news
 
Developed by Internet Plus Law NewsAdvertise on US Lawyers DBContact US Lawyers DB
Featured: DUI DWI LawyersBacnkruptcy LawyersDivorce LawyersAccident LawyersCriminal Law Lawyers
Articles AuraExporter Importer Trader