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Monarch Tile, Inc. v. Florence, City of

Citation: 30 ELR 20600
No. No. 99-11372, 212 F.3d 1219/50 ERC 1641/(11th Cir., 05/25/2000)

The court holds that a city holding a security interest in property for the purpose of securing repayment of development bonds, which financed acquisition of the property, qualifies for a Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) §101(20)(A) secured creditor exception to CERCLA liability....

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