Preview

Ameripride Case Summary

Good Essays
Open Document
Open Document
936 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ameripride Case Summary
Plaintiff AmeriPride services, Inc (“Plaintiffs”) initiated action pursuant to CERCLA more than sixteen years ago to recover investigation and remediation costs of about $7.75 million it incurred after a perchloroethelyne (“PCE”) contamination caused by previous owners Valley Industrial Services, Inc. (“VIS”) an industrial dry cleaning and laundry business using PCE as a solvent. VIS would eventually merge into Texas Eastern Overseas, Inc (“TEO”). After trial, appeal, and settlement with other parties TEO remains as sole defendant. The Court found the apportionment of liability between AmeriPride and TEO at fifty-fifty, concluding “given the facts as the court has found them… the fairest apportionment is to divide responsibility equally.” Then …show more content…
The court entered an order finding: The amount subject to equitable allocation totaling at $15,508,912.36. The court calculated the amount by combining AmeriPride's investigation, remediation costs, then adding the $10.25 milllion in AmeriPride settlement to Huhtamaki and Cal-Am. the court then deducted $3.25 million AmeriPride received in settling its claims against Chromalloy and Petrolane. Applying the Uniform Cotribution Among Tortfeasor's Act's ("UCATA") pro tanto approach to equitably account for these settlements. Next, the Court apportioned the liability fifty-fifty between TEO and AmeriPride and holding TEO responsible for paying one half of all future cleanup costs. The Court also ordered TEO to pay prejudgement interest to AmeriPride "in amounts calculated in accordance with 42 U.S.C. §9607."
On Aril 20,2012 the Court issued its Order determining issues raised at the trial, including the award of interest, adopting all undisputed facts of the Pretrial Order. The Court entered judgment orsering TEO to pay $9, 974,421.95 and issued a declaratory judgment holing TEO responsible for one-half of all future cleanup

You May Also Find These Documents Helpful

  • Good Essays

    During a transaction, CNAC observed that Holberg had breached the contract and as a result decided to sue. CNAC and Holberg presented the contract between them to the trial court of Houston, Texas. CNAC pointed out the provision Holberg had breached, and though Holberg attempted to refute the claims, it was clear and apparent the contract had been violated. After careful review by the trial court, the judge awarded CNAC $94,304.79 as well as the additional expenditures accumulated as a result of the trial.…

    • 652 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Culpepper V. Weihrauch KG

    • 515 Words
    • 3 Pages

    Contributory Negligence Summary in Culpepper v. Weihrauch KG, ETC.UNITED STATES DISTRICT COURT, M.D. ALABAMA, NORTHERN DIVISION…

    • 515 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The case involved a complaint filed in 2001 by residents of Herculaneum, Missouri alleging that the defendant mining-company, Doe Run’s, lead and cadium smelting operations caused environmental damages.…

    • 547 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    DECISION: The federal district court granted CTG’s motion to enter a default judgment. The U.S. Court of Appeals for the Ninth Circuit affirmed the judgment of the lower court. Therefore, the appellate court held that “in light of Brotby’s horrible record of discovery abuses” and his “abiding contempt and continuing disregard for the court’s orders,” the lower court properly exercised its discretion in entering a default judgment against the defendant.…

    • 677 Words
    • 3 Pages
    Good Essays
  • Better Essays

    ACC v Stoddart Case Note

    • 3536 Words
    • 15 Pages

    (ACC) on 03 April 2009 following S28 (1) of the ACC Act 2002 (Cth) to provide evidence of…

    • 3536 Words
    • 15 Pages
    Better Essays
  • Good Essays

    Written Assignment 2

    • 1288 Words
    • 5 Pages

    Rossi Inc. is a diversified manufacturer of industrial products. In 2008, Rossi updated its asbestos litigation liability, including the costs of settlement payments and defense costs relating to currently pending claims and future claims projected to be filed against the Company through 2017 for losses incurred to date. Before 2008, the Company’s previous estimate was for claims projected to be filed through 2011. As part of the 2008 update to the asbestos litigation liability, Rossi engaged Thompson and Associates, a consulting firm, to serve as an external specialist to estimate the claims liability for December 31, 2008. As a result of the 2008 update and the external specialist claims estimate, the Company significantly increased its recorded asbestos litigation liability by $586 million, arriving at a total liability estimate of $1,055 million as of December 31, 2008. During 2009, additional payments against the reserve reduced the recorded liability to $962 million. As of December 31, 2009, the Company performed an analysis of the asbestos litigation reserve and determined that the asbestos litigation liability should remain at $962 million. In 2009, Rossi Inc.’s average cost per claim litigation increased from $29,000 in 2008, to $34,000 due to management’s aggressive approach. This resulted in Thompson concluding that the litigation liability account should have a carrying value of $1,124 Million instead of $962 Million. Management of Rossi Inc. thinks that there aggressive approach to litigation claims in 2009 and revised defense strategy will decrease litigation cost and defense cost in the future.…

    • 1288 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    26.1)Mechanic's Lien. Ironwood Exploration, Inc. (Ironwood) owned a lease on oil and gas property located in Duchesne County, Utah. Ironwood contracted to have Lantz Drilling and Exploration Company, Inc. (Lantz), drill an oil well on the property. Therafter, Lantz rented equipment from Graco Fishing and Rental Tools, Inc. (Graco), for use in drilling the well. Graco billed Lantz for these rentals, but Lantz did not pay. Graco filed a notice of mechanic's lien on the well in the amount of $19,766. Ironwood, which had paid Lantz, refused to pay Graco. Graco sued to forclose on its mechanic's lien. Who wins? Graco Fising and Rental Tools, Inc. v. Ironwood Exploration, Inc., P.2d 1074, 98 Utah Adv. Rep. 28. Web 1998 Utal Lexis 125 (Supreme Court of Utah)…

    • 1724 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    TCPA 227

    • 622 Words
    • 3 Pages

    This Court has federal question subject matter jurisdiction over Plaintiff’s TCPA claims pursuant to 28 U.S.C. § 1331; Mims v. Arrow Fin. Ser., Inc., 132 S.Ct. 740 (2012).…

    • 622 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A Civil Action Analysis

    • 849 Words
    • 4 Pages

    Jonathan Harr's nonfiction narrative, A Civil Action, tells the events, in vivid detail, that led to the nine year long case of Anderson v. Cryovac. Lawsuit which was brought about through Jan Schichtman, the lawyer representing eight families living in Woburn, M.A., against W.R Grace and Beatrice Foods. The lawsuit claimed that the two companies were to be held liable for causing illnesses and deaths to members of these families after contaminating their water supply with trichloroethylene (TCE.)…

    • 849 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Victoria Chemicals

    • 864 Words
    • 4 Pages

    The treatment of conflicts of interest and other ethical dilemmas that may arise in investment decisions.…

    • 864 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    BP Amoco Case Write Up

    • 636 Words
    • 3 Pages

    As long-term valuation is assumed, risk free rate is set as 30-year treasury rate, 5.73%. Cost of debt is 6.72% reflecting Amoco’s credit level. Cost of equity is calculated as 10.63%, leading to final WACC at 8.85% (Chart 1).…

    • 636 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Traco vs Arrow

    • 565 Words
    • 3 Pages

    After a bench trial, the trial court held for Arrow solely under the theory of promissory estoppel and awarded Arrow judgment against Traco for damages in the amount of $ 75,843.38, plus attorneys' fees and prejudgment interest.…

    • 565 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    #5 Which items in the statement were easiest to project and why? Which were the most difficult and why? What effect could mis-estimates have had on projections? Which items would cause the most damage if mis-estimated?…

    • 964 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    ASME vs. Hydrolevel Case

    • 366 Words
    • 2 Pages

    McDonnell and Miller and the Hartford Steam Boiler Inspection and Insurance Company settled out of court, but the litigation against ASME went all the way to the Supreme Court where, on a 6-3 decision, the Court found in favor of Hydrolevel on the liability issue. Following a damages retrial, the case was settled for $4.75 million in favor of Hydrolevel.…

    • 366 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    memo123456

    • 1043 Words
    • 5 Pages

    2. The plaintiff alleged that he is the absolute owner and registered owner of the remaining portion of Cad. Lot. 3642 at Brgy. Sawang, Tunga Leyte.…

    • 1043 Words
    • 5 Pages
    Powerful Essays