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Who Is Responsible For Cleanup Under CERCLA?
Part 1 of Paper
....A )
1) The purpose of CERCLA is to make owners and operators of hazardous waste
dump sites and contaminated areas, as well as their customers, responsible for
cleanup costs and property damage. 2) CERCLA is also referred to as THE
SUPERFUND. It is authorized to a level of 8.5 billion dollars. The funding for
CERCLA .... Part 2 of Paper
....was appraised at
$200,000, suggesting the decision to sell was for disposal of hazardous
materials.) A vendor is not an owner if it did not own the property at the time
of toxic discharge from the facility.
iii) A parent company may be considered the owner, despite the formation of a
subsidiary with day to day control over operations.
iv) Lenders and secured creditors are liable if they actively participate in
decisions involving either waste treatment, or site development. They are not
lia.... |
| Number of words: 467 - Approximate pages: 2 |
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