Land Buyer Tells 7th Circuit To Vacate $10M Cleanup Indemnification Ruling

(February 25, 2020, 2:25 PM EST) -- CHICAGO — A railroad company that was told by a federal judge in Illinois that it must pay more than $10 million to indemnify the previous owner of a 2.3-acre parcel of land it purchased in 1987 for the remediation of contamination told the Seventh Circuit U.S. Court of Appeals in a brief filed Feb. 21 that the ruling should be reversed because claims regarding contamination at the site were raised during an 10-year indemnification period that required the seller to pay for any environmental liabilities (Wisconsin Central Ltd. v. Soo Line Railroad Co., No. 19-3129, 7th Cir.)....

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