Prejudgment Interest on Superfund Costs: CERCLA's Running Meter
Editors' Summary: CERCLA § 107(a) authorizes EPA and private-party plaintiffs to recover prejudgment interest on outstanding costs related to CERCLA's response actions. This interest can amount to millions of dollars, and may be the single largest cost item at a site. Despite this, surprisingly little attention has been paid to prejudgment interest and how it is calculated.