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.).
(Memorandum available. Document #08-160708-021Z.)
U.S. Judge Dale S. Fischer of the Central District of California explained that...