← EPA enforcement cases

MOTORS LIQUIDATION COMPANY ET AL FKA GENERAL MOTORS CORP ET AL

Judicial · FY2012 · — · Final Order With Specified Cost Recovery · 3000068265

—
Penalty
—
Cost recovery
—
Compliance action

Case

Case Number
07-2012-0304
Type
Judicial
Lead
EPA
Outcome
Final Order With Specified Cost Recovery
DOJ Docket
90-11-3-1-09754
Multimedia
—
Self-disclosure
N

Defendants (1)

Summary

GENERAL MOTORS CORPORATION (GM) WAS ONE OF THE PRPS NAMED AT THE FINDETT/HAYFORD BRIDGE ROAD GROUNDWATER SUPERFUND SITE IN 1996. DURING IMPLEMENTATION OF THE GROUNDWATER REMEDIAL ACTION, GM FILED FOR PROTECTION IN THE BANKRUPTCY COURT IN JUNE 2009. THIS IS A SETTLEMENT INF THE BANKRUPTCY COURT WHEREBY THE FORMER GM CORP, NOW KNOWN AS MOTORS LIQUIDATION COMPANY, RESOLVED ITS SUPERFUND LIABILITY AT THE FINDETT SITE. A CONSENT DECREE WAS ENTERED BY THE BANKRUPTCY COURT ON MARCH 29, 2012. THE CONSENT DECREE PROVIDED THAT EPA WOULD RECEIVE GM STOCK. THIS STOCK WAS CASHED IN AND THE PROCEEDS DEPOSITED IN A SPECIAL ACCOUNT. THE FALUE OF THE STOCK ON THE DAY OF THE SALE WAS $238,500.81.

Source

Authoritative
EPA ECHO
Machine
JSON-LD · Markdown