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Environmental

Sep. 21, 2011

Government reaches $44.4 million settlement on oil spill

Federal, state, and local officials announced Monday that those responsible for a San Francisco Bay oil spill will pay $44.4 million to settle a slew of lawsuits over the environmental damage and cleanup costs from the accident.


By Fiona Smith


Daily Journal Staff Writer


Federal, state, and local officials announced Monday that those responsible for a San Francisco Bay oil spill will pay $44.4 million to settle a slew of lawsuits over the environmental damage and cleanup costs from the accident.


The 900-foot container ship Cosco Busan, owned and operated by Hong Kong-based Fleet Management Ltd. and Regal Stone Ltd., hit the San Francisco-Oakland Bay Bridge in heavy fo...

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