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Who Is Responsible For Cleanup Under CERCLA?
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What is CERCLA? The Comprehensive Environmental Response, Compensation, and
Liability Act ( CERCLA )
1) The purpose of CERCLA is to make owners and operators of hazardous waste
dump sites and contaminated areas, as well as their customers, responsible for
cleanup costs and property damage. 2) CERCLA is also referred to as THE
SUPERFUND. It is ....
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....cility.
iii) A parent company may be considered the owner, despite the formation of a
subsidiary with day to day control over operations.
iv) Lenders and secured creditors are liable if they actively participate in
decisions involving either waste treatment, or site development. They are not
liable if they do not participate in management decis.... |
| Word count: 467 |
Page count: 2 |
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