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Waste Business Journal Weekly News Bulletin: Mar. 16-22, 2005

Headlines...

  1. Paradigm Wins Software Contracts in Washington, Florida
  2. EPA, Justice Department Announce $2.6M Settlement for NJ Superfund Site
  3. Kentucky Company Seeks Permission to Ship Nashville Sludge
  4. Wisconsin DNR Considers Plans That Would Enlarge Landfills
  5. Allied Waste Wraps Up Credit Facility Financing and Funding
  6. Oaktree Files Class Action Suit over Laidlaw Bonds
  7. Court Dismisses Claims against Anniston (Ala.) Incinerator

 

  1. Paradigm Wins Software Contracts in Washington, Florida

    Paradigm Software, LLC has received two contracts to provide real-time data processing solid waste management software solution systems. The company's installations, in King County, Wash. and Miami-Dade County, Fla., will run both attended and unattended facilities, and include the ability to operate single use access cards, process credit cards, track customer transactions, and control access gates. Paradigm's CompuWeigh™ System will operate 20 scale lanes across King County and 16 across Miami-Date...Read More »

  2. EPA, Justice Department Announce $2.6M Settlement for NJ Superfund Site

    The EPA (www.epa.gov) and the Justice Department (www.usdoj.gov) have announced that twelve companies will pay a total of $2.6 million in reimbursement costs for the ongoing cleanup of the Kin-Buc Superfund site in Edison, N.J. The companies, who are former owners and operators of the landfill, will also pay a $100,000 civil penalty for failing to meet cleanup deadlines set by the EPA. The companies will also invest about $1 million into restoration and development of open space. The 200-acre former landfill began operating in 1947, and accepted tens of millions of gallons of hazardous waste from 1973 until 1976, when it shut down...Read More »

  3. Kentucky Company Seeks Permission to Ship Nashville Sludge

    Kentucky-based BioReclamation has applied to Kentucky regulators for permission to ship some of Nashville's 500 tons of daily sludge to a 300-acre site in Hopkins County. Currently, the sludge is hauled by BFI to five landfills. Until last month, most of the sludge had gone to BFI's landfill in Rutherford County, Tenn., but following complaints about odor, BFI agreed to ship the sludge elsewhere...Read More »

  4. Wisconsin DNR Considers Plans That Would Enlarge Landfills

    The Wisconsin Department of Natural Resources is considering a proposal that would allow larger municipal landfills in the state. Current rules say that leachate collection pipes cannot exceed 1,200 feet. The new proposal would allow pipes up to 2,000 feet long, which would accommodate landfills about two-thirds wider and 100 feet higher than current rules...Read More »

  5. Allied Waste Wraps Up Credit Facility Financing and Funding

    Allied Waste Industries, Inc. (NYSE: AW) has completed the refinancing and funding of its credit facility. The new credit facility includes a $1.35 billion term loan, a $1.575 billion revolving credit facility and a $500 million institutional letter of credit facility. The refinancing of the existing credit facility was the final aspect of the multifaceted financing plan announced in February that included the offering of $600 million of 7.25% senior notes, $600 million of mandatory convertible preferred stock and $100 million of common stock...Read More »

  6. Oaktree Files Class Action Suit over Laidlaw Bonds

    Grant & Eisenhofer, P.A. (www.gelaw.com) has filed a securities fraud class action lawsuit in South Carolina District Court on behalf of a series of funds managed by Oaktree Capital Management (www.oaktreecapital.com). The bonds were issued by Laidlaw Environmental Services, Inc., the predecessor of Safety-Kleen Corp. (www.safety-kleen.com). The complaint charges that Safety-Kleen's announcement in March 2000 of accounting irregularities in its financial reports resulted in a dramatic loss of value for the bonds...Read More »

  7. Court Dismisses Claims against Anniston (Ala.) Incinerator

    A federal court has dismissed claims that the Anniston (Ala.) Army Depot's chemical weapons incinerator poses a health and environmental threat to surrounding residents. The court noted that the methods that the incinerator uses to dispose of sarin nerve agent are approved under a 1997 permit...Read More »

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