[Federal Register Volume 67, Number 85 (Thursday, May 2, 2002)]
[Notices]
[Page 22108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-10818]


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DEPARTMENT OF JUSTICE


Notice of Filing of Environmental Settlement in Re Fruit of the 
Loom, Inc.

    Notice is hereby given that a proposed settlement entered into by 
the United States on behalf of the U.S. EPA, Department of Interior, 
National Oceanic and Atmospheric Administration of the Department of 
Commerce, and the Nuclear Regulatory Commission, the States of 
Illinois, Michigan, New Jersey, and Tennessee, Debtors Fruit of the 
Loom, Inc. and NWI Land Management Corp., and Velsicol Chemical 
Corporation and True Specialty Corporation was filed on April 17, 2002 
in In re Fruit of the Loom, Inc., No. 99-4497(PJW) with the United 
States Bankruptcy Court for the District of Delaware. The proposed 
settlement would resolve certain claims of the Governmental Parties 
against the settling parties under the Comprehensive Environmental 
Response Compensation and Liability Act, 42 U.S.C. 9601 et seq., 
Section .7003 of the Resource Conservation and Recovery Act (``RCRA''), 
42 U.S.C. 6973, and the Atomic Energy Act, 42 U.S.C. 2001 et seq., 
relating to the St. Louis Facility in St. Louis, Michigan, the 
Breckenridge Facility in St. Louis/Breckenridge, Michigan; the Residue 
Hill Facility in Chattanooga, Tennessee; the Hardeman County Landfill 
Facility in Toone, Tennessee; the Hollywood Dump Facility in Memphis, 
Tennessee; the Marshall 23 Acre Facility in Marshall, Illinois; and the 
Ventron/Velsicol Chemical/Berry's Creek Facility in Wood-Ridge and 
Carlstadt, New Jersey, the ``Seven Facilities''). Under the settlement, 
inter alia, the following will be dedicated to fund response action or 
costs and natural resource damage assessment or restoration for the 
Seven Facilities: (1) $4,292,808 to be paid in full as an Allowed 
Administrative Expense; (2) certain future proceeds from general 
liability insurance claims; (3) certain future recoveries from 
preferred shares of stock in True specialty Corporation; and (4) 
certain proceeds from Fruit of the Loom's and Velsicol's ``cost cap'' 
and pollution legal liability insurance policies. The settlement also 
resolves certain claims against the debtors Fruit of the Loom, Inc. and 
NWI Land Management Corp. (but not Velscol) for other Facilities known 
as the A&I Facilities, which are listed in Attachment A to the 
settlement.
    The Department of Justice will receive comments relating to the 
United States' approval of the terms of proposed settlement for 30 days 
following the publication of this Notice. Comments should be addressed 
to the Assistant Attorney General of the Environment and Natural 
Resources Division, Department of Justice, P.O. Box 7611, Ben Franklin 
Station, Washington, DC 20044, and should refer to In re Fruit of the 
Loom, Inc., D.J. Ref. No. 90-11-2-07096. Commenters may request an 
opportunity for a public meeting in the affected area, in accordance 
with Section 7003(d) of RCRA, 42 U.S.C. 6973(d). Copies of the proposed 
settlements may be examined at the Office of the United States Attorney 
for the District of Delaware, 1201 Market Street, Suite 1100, 
Wilmington, DE, the United States Environmental Protection Agency, 
Region 2, 290 Broadway, 17th Floor, New York, New York, the United 
States Environmental Protection Agency, Region 4, 61 Forsyth Street, 
SW., Atlanta, Georgia, and the United States Environmental Protection 
Agency, Region 5, 77 West Jackson Blvd., 14th Floor, Chicago, Illinois. 
Copies of the proposed settlements may also be obtained by request 
addressed to the Department of Justice Consent Decree Library, P.O. Box 
7611, Ben Franklin Station, Washington, DC 20044. In requesting a copy 
of the proposed settlements, please enclose a check in the amount of 
$24.75 for (25 cents per page for reproduction costs), payable to the 
United States Treasurer.

Bruce S. Gelber,
Section Chief, Environmental Enforcement Section, Environment and 
Natural Resources Division.
[FR Doc. 02-10818 Filed 5-1-02; 8:45 am]
BILLING CODE 4410-15-M