Successor corporation did not assume clear contractual responsibility for predecessor's toxic waste liabilities, as the asset sale was treated as if it were hypothetically a stock swap. Still responsible, though, after weighing the other evidence.
Extensive grading and construction is enough to make one a responsible party - no need to prove that soil was actually imported.
Adjacent leasehold should be considered part of the site.
Duty of care towards the waste is that of a similarly situated reasonable person.
No error in imposition of joint & several liability, as the inquiry was detailed and fact-specific.
Ashley II of Charleston LLC v. PCS Nitrogen Incorporated
Thursday, April 04, 2013
Fourth Circuit -- Ashley II of Charleston LLC v. PCS Nitrogen Incorporated
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Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.
Author's SSRN page here.