'Retroactive liability' is challenged

In "U.S. v. Olin Corp," the US District Court for the Southern District of Alabama held that the liability provisions of CERCLA could not be applied retroactively for acts occurring before its passage in 1980. This decision has the Department of Justice angry and the corporate world concer...

Full description

Saved in:
Bibliographic Details
Published in:The National Law Journal 1996-10, Vol.19 (7), p.C1
Main Author: Tucker, Mark D
Format: Article
Language:English
Subjects:
Business community
CERCLA 1980-US
Environmental liability
Federal court decisions
Retroaction
State court decisions
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In "U.S. v. Olin Corp," the US District Court for the Southern District of Alabama held that the liability provisions of CERCLA could not be applied retroactively for acts occurring before its passage in 1980. This decision has the Department of Justice angry and the corporate world concerned. Businesses are forced to pay several times their fair share of remediation costs.
ISSN:2163-8756