The settling defendants are Spain-based oil and gas conglomerate Repsol, S.A, Argentina-based energy conglomerate YPF, S.A., YPF Holdings, Inc. and YPF International, as well as CLH Holdings, Inc., Maxus Energy Corporation, Maxus International Energy Company and Tierra Solutions, Inc.
The agreement follows a recently-announced $35.4 million proposed settlement with 258 third-party defendants.
New Jersey now going after on Occidental
The state now plans to focus on its claims against the principal defendant, Occidental Chemical Corporation (OCC), the legal successor to Diamond Shamrock, for the bulk
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See: A sick river, from those who brought you Agent Orange]
NY/NJ Baykeeper Debbie Mans said her organization "appreciates the State of New Jersey’s vigilance on holding accountable the polluters of the Passaic River." She urged that money received from the settling parties be used to repair the harm done to the river and not be re-directed to the state’s general fund.
The Sierra Club’s Jeff Tittel, an unwavering critic of the Administration of Gov. Chris Christie, called the settlement a "giveaway to polluters," claiming that the size of the settlement would be insufficient for the cleanup.
He said the Sierra Club also is concerned that the state "will not go after these companies for natural resource damages since it is not part of the settlement. "
"The Natural Resource Damages alone should be over a billion dollars along with the cost of the clean is at least two billion, " Tittel said.
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