There are unique and competing interests between the United States Bankruptcy Code1 and federal and state environmental laws. One of the primary purposes of the Bankruptcy Code is to allow a debtor to have a "fresh start." On the other hand, environmental laws are intended to require responsible parties to comply with environmental standards for the protection of human health and the environment. As a result of these competing interests, there has been extensive litigation related to the interplay between the bankruptcy and environmental regimes.
Filed under:
USA, Environment & Climate Change, Insolvency & Restructuring, Litigation, K&L Gates LLP, US Environmental Protection Agency, United States bankruptcy court, Third Circuit, Sixth Circuit, US District Court for the Southern District of New York, First Circuit, US District Court for Western District of Pennsylvania
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