'This is a civil judicial referral to the Department of Justice ( DOJ ) requesting the filing of proofs of claim on behalf of EPA in the bankruptcy proceedings concerning IT Corporation (a subsidiary of The IT Group Inc. now owned by The Shaw Group Inc.). EPA seeks to initiate this matter in relation to IT Corporation liabilities under CERCLA for response costs at the Operating Industries, Inc. Superfund Site, the Iron Mountain Superfund Site, and the Casmalia Superfund Site.
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For Operating Industries: Attorney is Eric Esler; Program Contact is Lois Green.
For Iron Mountain: Attorney is Tom Bloomfield; Program Contact is R. Sugarek.
For Casmalia: Attorney is Karen Goldberg; Program Contact is K. Kitchingman.
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{Excerpt from Press Release: Baton Rouge, Louisiana, May 3, 2002 - The Shaw Group Inc. (NYSE: SGR) (''Shaw'' or ''the Company'') today announced that it has completed the previously announced acquisition of substantially all of the assets and the assumption of certain liabilities of The IT Group, Inc. (''The IT Group''). The successful bid was for a total of $105 million, with Shaw to pay approximately $52.5 million in cash and approximately 1.67 million shares of Shaw Common Stock, and the assumption of certain liabilities. On Apri