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New Jersey
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April 06, 2015
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Largest Environmental Settlement With Corporate Defendant In New Jersey History Posted In Register

A proposed historic settlement that will require ExxonMobil to pay New Jersey $225 million to resolve its liability for natural resource damages caused by contamination from refinery operations in Bayonne and Linden, on top of separate uncapped costs to remediate, was published today in the New Jersey Register, Acting Attorney General John J. Hoffman and Department of Environmental Protection Commissioner Bob Martin announced.

With the posting, a 60-day public comment period begins for the proposed settlement, which represents the single largest environmental settlement with a corporate defendant in New Jersey history.

The settlement payout by ExxonMobil is the second largest natural resource damages (NRD) settlement amount of all time against a single corporate defendant, across the entire country, second only to the Exxon-Valdez case. It would also come on top of ExxonMobil’s separate obligation to remediate the contaminated Bayonne and Linden refinery sites, as well as all of the other sites detailed in this settlement, at the company’s sole expense.

See link to full article below.
Source:
State of New Jersey - Department of Environmental Protection
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