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Calif. Environmental Agency Loses Exide Ch. 11 Plan Appeal

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Calif. Environmental Agency Loses Exide Ch. 11 Plan Appeal
Law360 (July 26, 2021, 7:42 PM EDT) A California environmental regulatory agency lost its appeal of the Chapter 11 plan of battery recycler Exide Holdings Inc. on Monday when a Delaware federal judge said it would be a moot exercise to unwind the company s confirmed bankruptcy plan.
In an opinion from U.S. District Court Judge Richard G. Andrews, the court said the appeal of the California Department of Toxic Substances Control was equitably moot because Exide s plan that transferred its 10 facilities into an environmental remediation trust to maintain and clean up the locations had been largely consummated and the agency wasn t facing any risk that the debtor s. ....

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Metal Co. Wants Out Of Calif. $136M Toxic Cleanup Suit

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Metal Co. Wants Out Of Calif. $136M Toxic Cleanup Suit
Law360 (April 22, 2021, 7:35 PM EDT) Lead company NL Industries Inc. urged a California federal court Thursday to let it out of a suit from state officials seeking over $136 million from several companies for cleanup of a former battery recycling facility, arguing it bears no blame for the current state of the property.
In its motion to dismiss, NL Industries told the court that it s been decades since it sold off the property in Vernon, California, that later housed Exide Holdings Inc. s battery recycling facility, and that the state Department of Toxic Substances Control is wrongfully coming after it for funds due to its own mismanagement . ....

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