Ashland Oil v. Sonford Prods. Corp.

ELR Citation: ELR 20387
No(s). 3-91-0715 (D. Minn. Dec 24, 1992)

The court holds that a lender engaging in ordinary lending activities is shielded from liability under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and the U.S. Environmental Protection Agency's (EPA's) 1992 lender liability rule. A lender loaned money to a tena...