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PONDEROSA FIBRES OF AMERICA INC

Judicial · FY1998 · — · Final Order With Specified Cost Recovery · 6657

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Penalty
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Cost recovery
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Compliance action

Case

Case Number
02-1998-0307
Type
Judicial
Lead
EPA
Outcome
Final Order With Specified Cost Recovery
DOJ Docket
90-11-2-1223/1
Multimedia
N
Self-disclosure
N

Defendants (10)

Summary

THE DEFENDANT IS LIABLE FOR EPA'S RESPONSE COSTS, PURSUANT TO SECTION 107(A) OF CERCLA, BECAUSE IT WAS AN OPERATOR OF THE SITE AT THE TIME OF DISPOSAL OF HAZARDOUS SUBSTANCES. EPA SEEKS RECOVERY OF ALL RESPONSE COSTS INCURRED BY EPA WITH RESPECT TO THE SITE. Partial consent decree with third-party defendant for cost recovery. Litigation continues against remaining parties. Amended complaint entered October 23, 2000. DEFENDANT HAS PROPOSED TO LIQUIDATE SUBSTANTIALLY ALL OF ITS ASSETS UNDER AN ASSET PURCHASE AGREEMENT PROVIDING FOR PAYMENT OF JUST OVER $11 MILLION, WHILE THE COMPANY'S PRESIDENT WOULD PERSONALLY RECEIVE $4 MILLION THROUGH AN INDEPENDENT CONTRACTOR AGREEMENT WITH THE PROPOSED ASSET PURCHASER. THIS ATTEMPT TO TRANSFER ASSETS IS CONSISTENT WITH PRIOR EFFORTS BY PFA TO DEFEAT THE CLAIMS OF THE GOVERNMENT THROUGH FRAUDULENT CONVEYANCES. WE UNDERSTAND THAT THE U.S. HAS OBJECTED TO THIS ASSET SALE. Partial consent decree with Settling Defendant for cost recovery from removal action. Partial consent decree with Settling Third-Party Defendant for cost recovery from removal action. Partial consent decree for cost recovery from removal action with two Defendants. Partial consent decree for cost recovery payment of allowed general bankruptcy claim in Chapter 7 for removal action This settlement concludes this judicial case 99-CV-1305 and the bankruptcy case 01-01578. Payment of the cost recovery will be made based on distribution order b

Source

Authoritative
EPA ECHO
Machine
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