Quote:
Originally Posted by 377Z
I thought that typically the owner of contaminated land needs to clean it up before it can be sold. I wonder how bankruptcy liquidation would affect that if true.
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The "old-GM" will be responsible to clean it up. Since there will not be a viable "old-GM" and it will be liquidated and eventually disappear, I would guess this site will get put in a superfund clean up site. If it truly is as bad as they make it sound.
Mark