In re FCX, Inc.

ELR Citation: ELR 20849
No(s). S-85-01574-5 (Bankr. E.D.N.C. Feb 3, 1989)

The court holds that a debtor in bankruptcy may abandon a site where it operated a pesticide plant if the estate pays $250,000 for removal of pesticides buried at the site. The court initially observes that, while it may not substitute its judgment for that of the Environmental Protection Agency (EP...