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GENERAL50983
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Last modified
8/24/2016 8:37:25 PM
Creation date
11/23/2007 6:25:47 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1977376
IBM Index Class Name
General Documents
Doc Date
6/19/1995
Doc Name
NOTICE OF HEARING ON MOTION BY REORGANIZED CF&I STEEL CORP 06/15/95 FOR ORDER AUTHORIZING
Media Type
D
Archive
No
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<br />proceeds of sale of the property, plant and equipment of A16uquerque Meals Company, ill <br />of which were uansfenM to CF&I and used to fund the Appds Funds in connection with <br />the PRGC appal pursuant m the provisions of Debmri Confirmed Plan; <br />d. wilvq and releases any right m uxn sty claim against the <br />proceeds of sale of Nc assets of Kansaz Metals Company, which under Debtors' Confirmed <br />plan vested in she sate o[ Kansas Meals Company for Ne bene(t of credibn of Kansas <br />Mwls Company; and <br />e. acknowledges than it filed no proofs of claim or edminisvauve <br />claims againri she Debron M she Bankrupxy Gsea, orrer than the Rorbling Claim Against <br />CF&l, which is being fully satisfied in accordance with paragraph 3.a. of this Setlement <br />Agrament, and the 29th And Mod Claim Agilnct Kansas Melds, which was disallowed and <br />esdmasM at S0. <br />a. 7lte United Suter conxnls to the xlUements between CF&I and Ne <br />Imurana Companies of the Coverage Action and will not object ro such setUemrnts nor ro a <br />provision in certain of the underlying sUUement agtamenu and in the Banlwptcy Court's <br />order approving the seUlemenu, barring any and all claims 6rongM or Ihat could be brought <br />by Ne United Stites against the Insurance Companies ro the titans Uut asxrung such claims <br />would be inwnsistent wiUt CFgrI's seWemenu with Ne Insurance Companies, provided, <br />however, that share shall 6e no limitations on Ne Uniied States' right m assert claims, if any, <br />aganst the Insunnee Companies is connection wish daims the United States haz or may have <br />-g- <br />with reaped m other Po«ntiilly Responsible Ponies at the Racbling S«el Superfund Site, <br />including, but not limited m, Crane Company. <br />5. Noshing contilned herein shill be construed m be an admission of any kind <br />by tiNer of Ne panic huesn, with respect to any issue, including, but not limited lo, the <br />menu of Ne United Stites' azxned claim against Ne Insurance Senlemenl Proceeds. <br />6. 71tis Agreement constituW the entire agreement and undemanding <br />between the parties wish respect to she subject master hereof and, creeps az sU foM in This <br />Settlement Agreement, no «prexnutions, wamntia or promises have been made or relied <br />upon by the panics. <br />7. This Sudunent Agrament shall apply to and be binding upon CFdcI, and <br />iu successors, officers, direclon, empl0ytea and agents and upon the United Slates. The <br />Assistant Attorney General for the Environment and Natural Resources Division and the <br />Regional Administnror for EPA -Region II, and, subject to the approval of the Bankruptcy <br />Court, the undersigned rcpresenlative of CF&I, certify Chas They are fully aushon>ed ro <br />execux and bind the United Sates and CF&I, respectively, to This Sudement Agreement. <br />The parties huem shall not contest Ne vilidity of this SeWement Agreement in any <br />subsequent proceeding arising from it. <br />S. 'fltis Senlement Agrament may nos 6c modified or amended uNess such <br />modification or amendment is evidenud in writing, is signed by boN ponies and is approved <br />6y the Bankropscy Court. <br />_g. <br />r <br />
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