JPMorgan Will Pay $85M To Clean Up Calif. Landfill Site

Law360, Los Angeles (November 1, 2016, 10:04 PM EDT) — JPMorgan Chase will fund an $85 million cleanup plan for a shuttered landfill and leachate treatment plant in greater Los Angeles, according to a proposed consent decree outlined Tuesday by state and federal regulators in California federal court.

JPMorgan, as a successor in interest to the BKK Sanitary Landfill site in West Covina, will fund $85 million of future cleanup work after decades of waste treatment and release of hazardous substances such as mercury, copper, lead, chromium and at least two dozen other materials classified as…

Source: Law360
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