Consent Decree: June 29, 2012 Settlement Agreements and Stipulation - GUC Trust, U.S. and New York (2012 MLC Bankruptcy Settlement)
The June 29, 2012 settlement agreement resolves Motors Liquidation Corporation's (MLC) environmental liabilities at the Onondaga Lake Superfund site, located in Onondaga County, N.Y. Under the 2012 settlement agreement, EPA received the following allowed general unsecured claims:
- $38.3 million for environmental cleanup at the lower reaches of Ley Creek;
- $438,448 for unreimbursed past and future oversight costs at Onondaga Lake;
- $113,248 for unreimbursed past and future oversight costs at the Salina Landfill;
- $234,475 for unreimbursed past costs at the IFG Facility; and
- $110,395 for unreimbursed past costs at the PCB Dredgings Site.
More information is available on the case summary for the 2012 General Motors (MLC) bankruptcy settlement web page.
- Consent Decree and Settlement Agreement Between the GUCTrust and the United States of America: Motors Liquidation Company et al., f/k/a General Motors Corp. et al., Chapter 11: Case No. 09-50026 (REG) (pdf)
- Consent Decree and Settlement Agreement Between the GUC Trust, the United States of America, and the State of New York: In Re: Motors Liquidation Company et al., f/k/a/ General Motors Corp. et al.. Chapter 11: Case No. 09-50026 (REG) (pdf)
- Stipulation and Agreed Order Between the GUC Trust and the United States of America: In Re: Motors Liquidation Company et al., f/k/a/ General Motors Corp. et al.. Chapter 11: Case No. 09-50026 (REG) (pdf)