NJ Landfill Owner Payment of $1.8 Billion Largest in History

"The owner of the highly polluted Kin-Buc Landfill in Edison has agreed to make the largest environmental clean-up contribution in the United States, $1.79 billion, as part of a bankruptcy settlement.

The funds will be divided among scores of contaminated properties around the country, with most of the major ones in the West, where the American Smelting and Refining Co. is headquartered in Tucson."

Joe Tyrrell reports for Newsroom Jersey December 10, 2009.

 

Friday, December 11, 2009