Notice of Lodging of Settlement Agreement Pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act

DEPARTMENT OF JUSTICE

Notice of Lodging of Settlement Agreement Pursuant to the

Comprehensive Environmental Response, Compensation, and Liability Act

In accordance with Departmental policy, 28 CFR 50.7, notice is

hereby given that a proposed Settlement Agreement in In re: Big Four

Metals, Inc., Case No. 93 04010-B-V 11, was lodged on May 3, 1995, with

the United States Bankruptcy Court for the Southern District of

Indiana.

This Settlement Agreement resolves the claims asserted by the

United States on behalf of the Environmental Protection Agency

(``EPA'') against Big Four Metals, Inc. (``Debtor'') pursuant to the

Comprehensive Environmental Response, Compensation, and Liability Act

(``CERCLA''), 42 U.S.C. 9601 et seq., for response costs incurred and

to be incurred at the Interstate Lead Company, Inc., Superfund Site

located in Leeds, Alabama (the ``ILCO Site'').

The Debtor filed a Petition for Reorganization under Chapter 11 of

the Bankruptcy Code on November 22, 1994. EPA filed a Proof of Claim on

February 3, 1995. EPA and the Debtor have agreed that the Debtor shall

pay EPA $10,000, or approximately one-half of the proceeds available

for distribution to general unsecured creditors, in settlement of EPA's

claim. In return, EPA will agree not to sue the Debtor for CERCLA

claims related to the ILCO Site.

The Department of Justice will receive, for a period of thirty (30)

days from the date of this publication, comments relating to the

proposed Settlement Agreement. Comments should be addressed to the

Assistant Attorney General for the Environment and Natural Resources

Division, Department of Justice, Washington, DC 20530, and should refer

to In Re: Big Four Metals, Inc., DOJ Ref. # 90-11-2-108E.

The proposed Settlement Agreement may be examined at the Office of

the United States Attorney, Southern District of Indiana, 5th Floor

United States Courthouse, 46 East Ohio Street, Indianapolis, Indiana

46204; the Region 4 Office of the Environmental Protection Agency, 345

Courtland Street, Atlanta, Georgia 30365; and at the Consent Decree

Library, 1120 G Street, NW., 4th Floor, Washington, DC 20005, (202)

624-0892. A copy of the proposed Settlement Agreement may be obtained

in person or by mail from the Consent Decree Library, 1120 G Street,

NW., 4th Floor, Washington, DC 20005. In requesting a copy, please

refer to the referenced case and enclose a check in the amount of $2.00

(25 cents per page reproduction costs), payable to the Consent Decree

Library.

Bruce S. Gelber,

Acting Section Chief, Environment and Natural Resources Division.

[FR Doc. 95-14619 Filed 6-14-95; 8:45 am]

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