Apco liquidating trust


Lopez and Matthew Morton In a pair of bench decisions in the chapter 11 cases of Lyondell Chemical and Chemtura Corporation, Bankruptcy Judge Robert Gerber applied section 502(e)(1)(B) of the Bankruptcy Code to disallow environmental contribution claims asserted against the debtors by co-liable parties.The decisions clarify a murky area at the intersection of the environmental and bankruptcy laws.City officials in Duncan, Okla., are looking for ways to keep from running out of water.If drought conditions continue as they have over the last couple of years, the city of more than 23,000 will see its water supplies totally depleted by the end of 2016, according to a story in the The options ranged from installing a larger pipeline from Lake Fuqua to pumping more water from Waurika Lake. “That time is coming where we’ll wish we had done something if we don’t do something soon,” Vaughn said.The state’s largest utility has about four years to meet the standard of the U. Environmental Protection Agency’s Regional Haze Rule. OG&E says some of the costs of compliance could be passed on to customers. estimates it will have to spend up to $1.5 billion to comply with several environmental rules, including compliance costs for a recent court ruling that went against the electric utility.Joe Wertz / State Impact Oklahoma Jeff Converse of the Canton Lake Association stands in front of a boat ramp he says has been surrounded by mud and weeds since Oklahoma City withdrew water from the lake in January.



The current wastewater treatment plant in south Norman is outdated and can’t handle the amount of sewage the city needs it to, among other problems like aging equipment and an unpleasant odor.At the first of the year, Oklahoma City took water from Canton Lake to meet demand at the height of the drought.While that decision kept faucets flowing in the metro, it threatens the very existence of Canton the community.The site was operated by Anderson-Prichard Oil Corporation and APCO Oil as an oil refinery from 1920 until about 1978, then in a limited capacity by Oklahoma Refining Company until 1987.