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What is Waterville Industries v. FAME: CERCLA Case about?

This document summarizes a court case regarding liability for environmental cleanup costs under CERCLA. The Finance Authority of Maine (FAME) provided loans guaranteed by the state of Maine to develop a textile mill. When the original borrower defaulted, FAME acquired title to the property but leased it back to allow mill operations to continue. Hazardous waste was released on the property during this time. Later owners were required to clean up the waste and sought contribution from FAME. The court found t

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Scribd Government Docs

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