How bad can it be? The $8.1 million answer

It’s hard to believe that in 2011 there are still those that hold a naïve view of environmental due diligence and ask either implicitly or explicitly, “How bad can it be?”

I have no background (beyond what’s in the article) on the Kraft settlement of $8.1 million for contaminated groundwater.  But this much is stated in the article, Kraft never owned or operated the facility; at a minimum, this settlement can help provide the answer to the aforementioned question about how bad it CAN be.

 Here is a link to the article:

http://www.chicagobreakingbusiness.com/business/chibrkbus-kraft-to-pay-81m-to-settle-pollution-lawsuit-20110524,0,5628714.story

Also, here is a link our Environmental Minute on a related subject http://www.dragun.com/us/press/minute/merger_acquisition.pdf

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