Grantors to the Silresim Site Trust v. State St. Bank & Trust Co.
ELR Citation: ELR 20428 No(s). 88-1324-K (D. Mass. Nov 24, 1992)
In a bench ruling, the court holds that a bank is not liable for cleanup costs under the Comprehensive Environmental Response, Compensation, and Liability Act at a Massachusetts Superfund site. The court holds that the bank, which granted loans to the site owner secured by mortgages and 90 percent g...