|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Tue, 8 Jun 2010 08:47:41 -0700 (PDT)|
|Subject:||[CPEO-BIF] Wisconsin Plant Recovery Initiative|
State seeks pieces of bankrupt firms for cleanup 100 industrial sites have closed since early 2008 By Joe Taschler Milwaukee Journal Sentinel (WI) May 31, 2010From the closed General Motors plant in Janesville to an old engine factory that was shut down in New Holstein, the wreckage of the recession is all around us.
And while much of the cost of cleaning up abandoned business sites is likely to fall upon taxpayers, government officials are doing what they can to recover at least some of those expenses by lining up alongside creditors in bankruptcy proceedings. More and more often, the state Department of Natural Resources and Department of Justice are teaming up and going to court, seeking whatever crumbs might be left over when companies go into bankruptcy or receivership.
...The problem has grown to the point that the DNR in March began what it calls the Wisconsin Plant Recovery Initiative, formed in response to the economic downturn. The program provides help with regulatory, environmental and financial issues. It also can clarify liability issues for local governments and private parties.
... For the entire article, see http://www.jsonline.com/business/95285229.html -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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