ELR Citation: ELR 20113
No(s). 92-95 (AJL) (D.N.J. Jun 28, 1994)

The court holds that the security interest exemption in §101(24) of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) applies to a company that formerly held title to a contaminated site under a sale-leaseback arrangement without a repurchase option. The current own...