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EnviroTech :: Environment
Supreme Court Denies Hercules’ Superfund Appeal
12:02 PM MDT | July 25, 2007 | Kara Sissell
The U.S. Supreme Court rejected Hercules’ appeal last week to overturn a Superfund cleanup order, amounting to $119 million plus interest, to pay for remediation of a former Hercules plant site at Jacksonville, AR. The case has been in litigation since 1980, according to Hercules. Hercules had previously set aside $124.9 million to cover liabilities related to the case, including interest. “The company expects to pay such amount promptly, together with interest accruing up to the date of payment,” Hercules says. Hercules owned and operated...
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