Proposed settlement may net $25 million for environmental cleanup

Back to TopE-mailPrintBookmark and Share

The proposed settlement filed today in the bankruptcy case involving former General Motors sites could provide nearly $25 million for cleanup of eight Indiana sites with ties to the automaker.

Indiana and 13 other states, along with the U.S. Environmental Protection Agency, filed the proposed settlement of the bankruptcy case with Motors Liquidation Corporation, which used to be called General Motors. When the company filed for Chapter 11 reorganization last year, a new entity – General Motors LLC – was created and purchased many of GM’s auto-making facilities and the name “General Motors.” The old GM was renamed in the process and agreed to use bankruptcy proceedings to remediate or liquidate 89 remaining MLC-owned manufacturing sites that weren’t purchased by the new GM.

The settlement totals nearly $773 million and includes provisions so that the states can oversee and monitor environmental cleanup of the sites by the court-appointed trustee and redevelopment managers, and implement any changes if needed. Cleanup will allow for redevelopment of the old sites for future manufacturers or businesses.

The Indiana sites are in Anderson, Indianapolis, Kokomo, and Muncie.

Now there will be a 3-day public comment period after which the court can accept the agreement. The suit is in U.S. Bankruptcy Court for the Southern District of New York.   


Sponsored by
Subscribe to Indiana Lawyer
  1. Great observation Smith. By my lights, speaking personally, they already have. They counted my religious perspective in a pro-life context as a symptom of mental illness and then violated all semblance of due process to banish me for life from the Indiana bar. The headline reveals the truth of the Hoosier elite's animus. Details here: Denied 2016 petition for cert (this time around): (“2016Pet”) Amicus brief 2016: (“2016Amici”) As many may recall, I was banned for five years for failing to "repent" of my religious views on life and the law when a bar examiner demanded it of me, resulting in a time out to reconsider my "clinging." The time out did not work, so now I am banned for life. Here is the five year time out order: Denied 2010 petition for cert (from the 2009 denial and five year banishment): (“2010Pet”) Read this quickly if you are going to read it, the elites will likely demand it be pulled down or pile comments on to bury it. (As they have buried me.)

  2. if the proabortion zealots and intolerant secularist anti-religious bigots keep on shutting down every hint of religious observance in american society, or attacking every ounce of respect that the state may have left for it, they may just break off their teeth.

  3. "drug dealers and traffickers need to be locked up". "we cannot afford just to continue to build prisons". "drug abuse is strangling many families and communities". "establishing more treatment and prevention programs will also be priorities". Seems to be what politicians have been saying for at least three decades now. If these are the most original thoughts these two have on the issues of drug trafficking and drug abuse, then we're no closer to solving the problem than we were back in the 90s when crack cocaine was the epidemic. We really need to begin demanding more original thought from those we elect to office. We also need to begin to accept that each of us is part of the solution to a problem that government cannot solve.

  4. What is with the bias exclusion of the only candidate that made sense, Rex Bell? The Democrat and Republican Party have created this problem, why on earth would anyone believe they are able to fix it without pushing government into matters it doesn't belong?

  5. This is what happens when daddy hands over a business to his moron son and thinks that everything will be ok. this bankruptcy is nothing more than Gary pulling the strings to never pay the creditors that he and his son have ripped off. they are scum and they know it.