Reuters: Regulatory News: STXNEWS LATAM-Argentina's YPF to settle old environmental lawsuit in New Jersey

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

STXNEWS LATAM-Argentina's YPF to settle old environmental lawsuit in New Jersey Jun 7th 2013, 23:33 Fri Jun 7, 2013 7:33pm EDT Argentina's state-controlled energy company, YPF , said its board of directors approved a $65 million cash payout to settle an old environmental dispute in the U.S. state of New Jersey. A lawsuit was brought against a U.S. chemical company that YPF later purchased for allegedly polluting the Passaic River and Newark Bay during several decades, starting in the 1940s. The New Jersey court will have to approve the settlement terms, YPF said in a statement to the Buenos Aires Stock Exchange. The case is New Jersey Department of Environmental Protection, et al v. Occidental Chemical Corporation, et al. Reuters Messaging: hilary.burke.thomsonreuters.com@reuters.net

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions