Regulation & law · 19/04/2017

ExxonMobil Lodges Proposed Settlement Agreement for Environmental Cleanup Costs Under CERCLA and Chapter 11 Bankruptcy Code

ExxonMobil has filed a proposed settlement agreement with the US government to cover environmental cleanup costs under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and Chapter 11 of the US Bankruptcy Code, as part of its ongoing efforts to address contamination at its facilities.