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GENERAL43723
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Last modified
8/24/2016 8:12:33 PM
Creation date
11/23/2007 12:36:54 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981041
IBM Index Class Name
General Documents
Doc Name
US BANKRUPTCY COURT DMG OBJECTION TO THE LENDERS MOTION FOR ADEQUATE PROTECTION AND FOR RELIEF
Permit Index Doc Type
GENERAL CORRESPONDENCE
Media Type
D
Archive
No
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Even if the Debtor Powderhorn no longer owned its site in <br />Colorado, it would still be obligated under 28 U.S.C. ~ 959(b) <br />and the Colorado Coal Act to reclaim its contaminated site, <br />notwithstanding this bankruptcy. See, In re Torwico <br />Electronics, Inc., 8 F.3d 196, 150-51 (3d Cir. 1993) (debtor <br />must comply with the State of Neva Jersey's cleanup order even <br />though debtor no longer owned or operated the contaminated <br />real property); In re Motel Investments, Inc., 172 B.R. 105, <br />107 (Bankr.M.D.Fla.1994) ("Debtor cannot escape compliance <br />with the law by selling the property."). <br />The Debtor Powderhorn agreed prepetition to reclaim its <br />site and to abate the hazards to human health and safety. <br />Powderhorn assumed this obligation when it obtained the <br />Permit, which obligated it to comply with the Colorado Coal <br />Act. Powderhorn has reaffirmed this obligation in its <br />communications with the Colorado Division of Minerals and <br />Geology over the years. These prepetition commitments by the <br />Debtor Powderhorn are enforceable postpetition. See, In re <br />Motel Investments, Inc., 172 B.R. 105, 107-OS <br />(Bankr.M.D.Fla.1994) (Chapter 11 debtor was operating in <br />violation of state law contrary to 28 U.S.C. ~ 959(b) by not <br />17 <br />
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