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The state’s largest utility has about four years to meet the standard of the U. Environmental Protection Agency’s Regional Haze Rule. OG&E says some of the costs of compliance could be passed on to customers. estimates it will have to spend up to

The state’s largest utility has about four years to meet the standard of the U. Environmental Protection Agency’s Regional Haze Rule. OG&E says some of the costs of compliance could be passed on to customers. estimates it will have to spend up to $1.5 billion to comply with several environmental rules, including compliance costs for a recent court ruling that went against the electric utility.Joe Wertz / State Impact Oklahoma Jeff Converse of the Canton Lake Association stands in front of a boat ramp he says has been surrounded by mud and weeds since Oklahoma City withdrew water from the lake in January.Under the terms of the agreement, Apco shareholders would receive $14.50 per share, representing a 14.7 percent premium to Apco’s closing price of $12.64 on Oct. Apco’s leap on Friday was its biggest one-day gain in 10 months.The deal is subject to approval by shareholders of Apco, which has interests in Argentina and Colombia.Certain other PRPs cited to the Delaware bankruptcy court decision in , 369 B. As an initial matter, the bankruptcy court did not read the , 370 B. The bankruptcy court reasoned that its decisions advanced both bankruptcy policy and CERCLA’s policy goal of encouraging expeditious cleanup because claimants are encouraged to remediate promptly by the threat of disallowance of claims that have not been fixed. Both the decisions clarify that an environmental cleanup contribution will remain continent, and subject to disallowance under section 502(e)(1)(B), to the extent the creditor has not made an actual payment or expended funds on account of the claim prior to the hearing on allowance or disallowance.

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The state’s largest utility has about four years to meet the standard of the U. Environmental Protection Agency’s Regional Haze Rule. OG&E says some of the costs of compliance could be passed on to customers. estimates it will have to spend up to $1.5 billion to comply with several environmental rules, including compliance costs for a recent court ruling that went against the electric utility.

Joe Wertz / State Impact Oklahoma Jeff Converse of the Canton Lake Association stands in front of a boat ramp he says has been surrounded by mud and weeds since Oklahoma City withdrew water from the lake in January.

.5 billion to comply with several environmental rules, including compliance costs for a recent court ruling that went against the electric utility.

Joe Wertz / State Impact Oklahoma Jeff Converse of the Canton Lake Association stands in front of a boat ramp he says has been surrounded by mud and weeds since Oklahoma City withdrew water from the lake in January.

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On January 4, 2011 and January 13, 2011, respectively, the bankruptcy court for the Southern District of New York issued bench rulings in the chapter 11 cases, certain debtors and private parties were named as PRPs for past and estimated future response costs for environmental cleanup under the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U. Since the PRP’s contribution claim against the debtors had arguably accrued under CERCLA, the PRP asserted that no portion of its claim remained contingent. 1991), was controlling authority in the Second Circuit for the proposition that contribution claims under CERCLA are contingent until costs for remediation work are actually expended or paid. The bankruptcy court cited to its reasoning in the September 2010 decision, which the bankruptcy court held had a very limited application.

Lopez and Matthew Morton In a pair of bench decisions in the chapter 11 cases of Lyondell Chemical and Chemtura Corporation, Bankruptcy Judge Robert Gerber applied section 502(e)(1)(B) of the Bankruptcy Code to disallow environmental contribution claims asserted against the debtors by co-liable parties.

The decisions clarify a murky area at the intersection of the environmental and bankruptcy laws.

As There’s too much phosphorous in the vast majority of Oklahoma’s lakes and streams.

Excessive phosphorous and nitrogen leads to blue-green algae blooms, which can cause respiratory, eye, and stomach problems in people, and fish kills due to lack of oxygen.

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