In re Smith-Douglass, Inc.
ELR Citation: ELR 21472 No(s). s. 87-1683, -1684 (4th Cir. Sep 6, 1988)
The court holds that a bankruptcy trustee may unconditionally abandon property that contains violations of state environmental laws, since the site poses no imminent health threat and the debtor's estate includes no unencumbered assets to finance the cleanup. The prohibition of the abandonment of pr...