Judge Denies Approval Of $16M Settlement, Finds Terms Inconsistent With CERCLA

Mealey's (July 7, 2016, 9:49 AM EDT) -- LOS ANGELES — A federal judge in California on July 1 refused to approve a proposed $16 million settlement to resolve a Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) lawsuit over a contaminated site in Compton, Calif., finding that the proposed agreement did not properly assure that the settlement money would be used for recoverable costs (Rev 973 LLC v. John Mouren-Laurens, et al., No. 98-10690, C.D. Calif.)....

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