Judge Awards $22M To Seller Over Property Buyer’s Failure To Continue Cleanup

Mealey's (February 13, 2017, 11:56 AM EST) -- SEATTLE — A federal judge in Washington on Feb. 10 entered default judgment against a property buyer that has failed to continue environmental remediation of a 16-acre site it purchased from a plaintiff company in 2014 and awarded the plaintiff $22 million in compensatory damages (8th Avenue Terminals, Inc. v. DeNovo Seattle LLC, No. C16-1964, W.D. Wash., 2017 U.S. Dist. LEXIS 19363)....