8th Circuit Affirms $11M CERCLA Penalty For Sales Of Contaminated Buildings

Mealey's (April 16, 2019, 1:59 PM EDT) -- LITTLE ROCK, Ark. — An Eighth Circuit U.S. Court of Appeals panel on April 11 affirmed a federal judge in Iowa’s decision that two tire companies should pay $11 million for violating the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) by selling buildings that housed insulation containing polychlorinated biphenyls (PCBs), holding that the companies arranged for the disposal of the hazardous substance by agreeing to sell the buildings for amounts far less than the liability for remediating the contamination (United States v. Dico Inc., et al., No. 17-3462, 8th Cir., 2019 U.S. App. LEXIS 10729)....