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7th Circuit Decision on Superfund Allocation in Business Purchase

Explore a pivotal legal case where a buyer acquired an environmentally contaminated steel mill and sought to recover cleanup expenses under CERCLA. Discover the court’s decision and its implications for M&A deals with environmental liabilities. September 13, 2019 M&A Stories

Posted in CERCLA or superfund liability, successor liability Tagged with: , , , , , , , , , , , , , ,

Cash Buyer of Paper Mill Assets Not Liable for Seller’s CERCLA Liability

Explore the legal intricacies of M&A deals involving environmental liabilities. Learn about the concept of de facto mergers and when a cash buyer may or may not be held responsible for a seller’s cleanup obligations. Dive into a real-life case

Posted in asset purchase agreement, asset seller's liabilities, CERCLA or superfund liability, de facto merger exception, successor liability Tagged with: , , , , , , , , , , ,

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