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SUCCESSOR LIABILITY UNDER CERCLA: IT'S TIME TO FULLY EMBRACE STATE LAW

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  • Source:
    University of Pennsylvania Law Review, 2008/01/01, Vol: 156, p767
  • Additional Information
    • Author:
      Michael Carter
    • Citation:
      156 U. Pa. L. Rev. 767
    • Copyright:
      Copyright (c) 2008 University of Pennsylvania Law Review
    • Abstract:
      The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) 1 is the primary federal remedial statute governing hazardous waste contamination sites. In the most publicly recognizable feature of the statute, the federal government funds cleanup of hazardous waste sites through the Superfund program. 2 But, CERCLA also imposes liability for cleanup and associated costs on parties found responsible for hazardous waste releases. 3 The assignment of preexisting CERCLA liability from one party to another is of the utmost importance for corporations and other business entities. This Comment addresses a circuit split that has developed over the rules governing the successor liability of a corporation that purchases the assets of another firm that is liable under CERCLA for hazardous waste contamination. Ultimately, Supreme Court precedent and general conflict of laws principles require that asset purchasers be held liable as successors to parties liable under CERCLA only if the law of the state containing the hazardous release site so provides. Part I of this Comment outlines the general statutory scheme of CERCLA. As noted above, CERCLA imposes private liability on parties responsible for hazardous waste releases. At the same time, Congress recognized that private responsible parties will not always be identifiable, and thus created the Superfund to pay for federal cleanup of such sites. Additionally, Part I demonstrates the economic importance of successor liability under CERCLA. In total, private parties have paid nearly $ 24 billion under CERCLA for remedial activities, which suggests the high stakes a corporation faces if ...
    • Subject Terms:
    • Keywords:
      contamination
      environmental
      comprehensive
      demonstrates
      additionally
      identifiable
      corporations
      recognizable
      compensation
      corporation
    • Accession Number:
      edslex3F9E4988
  • Citations
    • ABNT:
      CARTER, M. Successor Liability under Cercla: It’s Time to Fully Embrace State Law. University of Pennsylvania Law Review, [s. l.], v. 156, p. 767, 2008. Disponível em: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428. Acesso em: 8 jul. 2020.
    • AMA:
      Carter M. Successor Liability under Cercla: It’s Time to Fully Embrace State Law. University of Pennsylvania Law Review. 2008;156:767. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428. Accessed July 8, 2020.
    • AMA11:
      Carter M. Successor Liability under Cercla: It’s Time to Fully Embrace State Law. University of Pennsylvania Law Review. 2008;156:767. Accessed July 8, 2020. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428
    • APA:
      Carter, M. (2008). Successor Liability under Cercla: It’s Time to Fully Embrace State Law. University of Pennsylvania Law Review, 156, 767.
    • Chicago/Turabian: Author-Date:
      Carter, Michael. 2008. “Successor Liability under Cercla: It’s Time to Fully Embrace State Law.” University of Pennsylvania Law Review 156 (January): 767. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428.
    • Harvard:
      Carter, M. (2008) ‘Successor Liability under Cercla: It’s Time to Fully Embrace State Law’, University of Pennsylvania Law Review, 156, p. 767. Available at: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428 (Accessed: 8 July 2020).
    • Harvard: Australian:
      Carter, M 2008, ‘Successor Liability under Cercla: It’s Time to Fully Embrace State Law’, University of Pennsylvania Law Review, vol. 156, p. 767, viewed 8 July 2020, .
    • MLA:
      Carter, Michael. “Successor Liability under Cercla: It’s Time to Fully Embrace State Law.” University of Pennsylvania Law Review, vol. 156, Jan. 2008, p. 767. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428.
    • Chicago/Turabian: Humanities:
      Carter, Michael. “Successor Liability under Cercla: It’s Time to Fully Embrace State Law.” University of Pennsylvania Law Review 156 (January 1, 2008): 767. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428.
    • Vancouver/ICMJE:
      Carter M. Successor Liability under Cercla: It’s Time to Fully Embrace State Law. University of Pennsylvania Law Review [Internet]. 2008 Jan 1 [cited 2020 Jul 8];156:767. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3F9E4988&custid=s8280428