Monarch Tile, Inc. v. Florence, City of

ELR Citation: ELR 20600
No(s). 99-11372 (11th Cir. May 25, 2000)

The court holds that a city holding a security interest in property for the purpose of securing repayment of development bonds, which financed acquisition of the property, qualifies for a Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) Ā§101(20)(A) secured creditor exc...