ELR Citation: ELR 20424
No(s). 5:90-CV-62 (W.D. Mich. Jan 12, 1993)

The court holds that a bank is not liable for cleanup costs under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) as an owner or operator of a corporate borrower's contaminated sites, even though it demanded that the borrower obtain new management, regularly consul...