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LSI 2010 NRD Santa Fe final conference binder 072110.pdf

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Linda R. Larson of Marten Law PLLC<br />

J. Scott Janoe of Baker Botts LLP<br />

Speaker 21: 8<br />

Speaker 22: 8<br />

Example - California Gulch<br />

<br />

<br />

<br />

<br />

Extensive mining district site in and around<br />

Leadville, Colorado<br />

Claims by feds. and state totaling $203.4 million,<br />

of which $73.1 million were for <strong>NRD</strong><br />

Other PRP claims as well<br />

Settled all claims for $31.3 million (<strong>NRD</strong> portion<br />

for $10.0 million)<br />

14<br />

Example - California Gulch (cont'd.)<br />

<br />

<br />

<br />

<br />

<br />

Mature human health remedy<br />

Some <strong>NRD</strong>A work performed pre-filing<br />

Bankruptcy accelerated this process<br />

Significant groundwater component subject to<br />

intense challenge<br />

Challenge to settlement keyed on <strong>NRD</strong> award<br />

15<br />

Law Seminars International | Natural Resource Damages | 07/16/10 in <strong>Santa</strong> <strong>Fe</strong>, NM

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