Notice of Lodging of Settlement Agreement Pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act

[Federal Register Volume 60, Number 115 (Thursday, June 15, 1995)]
[Notices]
[Page 31495]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14619]



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DEPARTMENT OF JUSTICE

Notice of Lodging of Settlement Agreement Pursuant to the 
Comprehensive Environmental Response, Compensation, and Liability Act

    In accordance with Departmental policy, 28 CFR 50.7, notice is 
hereby given that a proposed Settlement Agreement in In re: Big Four 
Metals, Inc., Case No. 93 04010-B-V 11, was lodged on May 3, 1995, with 
the United States Bankruptcy Court for the Southern District of 
Indiana.
    This Settlement Agreement resolves the claims asserted by the 
United States on behalf of the Environmental Protection Agency 
(``EPA'') against Big Four Metals, Inc. (``Debtor'') pursuant to the 
Comprehensive Environmental Response, Compensation, and Liability Act 
(``CERCLA''), 42 U.S.C. 9601 et seq., for response costs incurred and 
to be incurred at the Interstate Lead Company, Inc., Superfund Site 
located in Leeds, Alabama (the ``ILCO Site'').
    The Debtor filed a Petition for Reorganization under Chapter 11 of 
the Bankruptcy Code on November 22, 1994. EPA filed a Proof of Claim on 
February 3, 1995. EPA and the Debtor have agreed that the Debtor shall 
pay EPA $10,000, or approximately one-half of the proceeds available 
for distribution to general unsecured creditors, in settlement of EPA's 
claim. In return, EPA will agree not to sue the Debtor for CERCLA 
claims related to the ILCO Site.
    The Department of Justice will receive, for a period of thirty (30) 
days from the date of this publication, comments relating to the 
proposed Settlement Agreement. Comments should be addressed to the 
Assistant Attorney General for the Environment and Natural Resources 
Division, Department of Justice, Washington, DC 20530, and should refer 
to In Re: Big Four Metals, Inc., DOJ Ref. # 90-11-2-108E.
    The proposed Settlement Agreement may be examined at the Office of 
the United States Attorney, Southern District of Indiana, 5th Floor 
United States Courthouse, 46 East Ohio Street, Indianapolis, Indiana 
46204; the Region 4 Office of the Environmental Protection Agency, 345 
Courtland Street, Atlanta, Georgia 30365; and at the Consent Decree 
Library, 1120 G Street, NW., 4th Floor, Washington, DC 20005, (202) 
624-0892. A copy of the proposed Settlement Agreement may be obtained 
in person or by mail from the Consent Decree Library, 1120 G Street, 
NW., 4th Floor, Washington, DC 20005. In requesting a copy, please 
refer to the referenced case and enclose a check in the amount of $2.00 
(25 cents per page reproduction costs), payable to the Consent Decree 
Library.
Bruce S. Gelber,
Acting Section Chief, Environment and Natural Resources Division.
[FR Doc. 95-14619 Filed 6-14-95; 8:45 am]
BILLING CODE 4410-01-M