500 Associates, Inc. v. Vermont American Corp.
ELR Citation: 41 ELR 20097 No(s). 3:96CV-847-S (W.D. Ky. Feb 7, 2011)
A district court dismissed a CERCLA §107 claim brought by a group of real estate developers who purchased contaminated property from a manufacturing company in 1986. Prior to purchasing the property, the group hired an environmental consultant who performed a cursory environmental audit. Th...