Al Tech Specialty Steel Corp. v. Allegheny Int'l Credit Corp.

ELR Citation: ELR 20691
No(s). 95-3415 (3d Cir. Jan 17, 1997)

The court holds that a steel company's claims for damages under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and the New York Oil Spill Act against a bankrupt company from which it purchased two steel plants should be allowed in bankruptcy court. The court first...