Louisiana-Pacific Corp. v. ASARCO, Inc.
ELR Citation: ELR 21079 No(s). 89-35402 (9th Cir. Jul 3, 1990)
The court holds that successor companies can be liable under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), according to federal common-law principles. In developing federal common law, the court looks to traditional rules of successor liability in operation in o...