[Federal Register Volume 60, Number 197 (Thursday, October 12, 1995)]
[Notices]
[Pages 53201-53202]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-25282]



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DEPARTMENT OF JUSTICE

Notice of Lodging of Settlement Agreement Pursuant to the 
Comprehensive Environmental Response, Compensation and Liability Act of 
1980

    In accordance with Departmental policy, notice is hereby given that 
a proposed Settlement Agreement in In re: Servam Corporation, et al., 
Case No. 92-53469 (Bankr. Ct. D. Conn.), was lodged on October 2, 1995 
with the United States Bankruptcy Court for the District of 
Connecticut. This proposed Settlement Agreement will, if entered, 
settle a proof of claim filed against Service America Corporation 
(``SAC'') and The Macke Company (``Macke'') (collectively ``Debtors''), 
debtors in the above proceeding, by the United States on behalf of the 
Environmental Protection Agency (``EPA''), pursuant to Section 107 of 
the Comprehensive Environmental Response, Compensation and Liability 
Act of 1980, as amended (``CERCLA''), 42 U.S.C. Sec. 9607, in 
connection with the Old City of York Landfill, York County, Springfield 
Township, Pennsylvania and the Elizabethtown Landfill, Lancaster 
County, West Donegal Township, Pennsylvania.
    The proposed Settlement Agreement provides for an allowed claim by 
the United States, a general unsecured creditor, in the amount of $6.3 
million against Debtors. Pursuant to the Debtors' Plan of 
Reorganization this claim will be paid at the estimated rate of 7.431 
cents on the dollar in cash plus 4.8 cents on the dollar in common 
stock. Waste Management, Inc., another potentially responsible party 
(``PRP'') under CERCLA at both the Sites, is performing the response 
activities at both Sites. The Debtors are required to pay 80% of the 
cash amount to the United States within 30 days after the entry of the 
Settlement Agreement by the U.S. Bankruptcy Court for the District of 
Connecticut, Bridgeport Division. The Debtors are 

[[Page 53202]]
required to pay 20% of the cash amount and 100% of the common stock to 
Waste Management, Inc. within 30 days after the entry of the Settlement 
Agreement.
    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 DOJ Ref. #90-11-2-878.
    The proposed Settlement Agreement may be examined at the Office of 
the United States Attorney for the District of Connecticut, 915 
Lafayette Boulevard, Bridgeport, Connecticut 06604; the Region III 
Office of the Environmental Protection Agency, 841 Chestnut Building, 
Philadelphia, Pennsylvania 19107; 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 $3.50 (25 cents 
per page reproduction costs), payable to the Consent Decree Library.
Bruce S. Gelber,
Acting Chief, Environmental Enforcement Section, Environment and 
Natural Resources Division.
[FR Doc. 95-25282 Filed 10-11-95; 8:45 am]
BILLING CODE 4410-01-M