Common Contracts
1 similar Raritan Bay Slag Superfund Site Settlement Agreement contracts
RARITAN BAY SLAG SUPERFUND SITE SETTLEMENT AGREEMENTRaritan Bay Slag Superfund Site Settlement Agreement • July 8th, 2019
This is a settlement agreement (“Settlement Agreement”) between Ricardo Lara, Insurance Commissioner of the State of California, in his capacity as Liquidator (the “Insurance Commissioner” or the “Liquidator”) of Western Employers Insurance Company (“WEIC”), the United States Department of the Interior (“DOI”), Environmental Protection Agency (“EPA”), and National Oceanic and Atmospheric Agency (“NOAA”) ( collectively referred to as “the Federal Claimants”), acting by and through the United States Department of Justice (“DOJ”) and the Township of Old Bridge, Middlesex County, New Jersey (“Old Bridge” )(each a “Party,” and collectively the “Parties”), as to the claims resolved by this Settlement Agreement. The Parties have agreed to reach a compromise to avoid the expense and time of litigation and to facilitate the timely closing of the WEIC estate, without admission of liability and without admission of the ultimate validity or invalidity of any of the Parties’ positions or arguments.
