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Z&Z Leasing, Inc. v. Graying Reel, Inc.

ELR Citation: ELR 20802
Nos. No. 94-CV-73636-DT, 873 F. Supp. 51/40 ERC 1220/(E.D. Mich., 01/13/1995)

The court holds that a bank holding a first mortgage on contaminated property is not liable under §107(a) of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) as an owner or operator for expenses the current owner incurred cleaning up contamination that prior owners allegedly caused....

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