ELR Citation: ELR 20666
No(s). S-85-01574-5 (Bankr. E.D.N.C. Oct 17, 1990)

The court approves a settlement agreement that resolves a Chapter 11 debtor's liability to the United States and North Carolina under the Comprehensive Environmental, Response, Compensation, and Liability Act (CERCLA). The agreement requires the debtor to pay $2 million to a trust that will be used ...