Pursuant to two separate settlement agreements approved in 2010, Chemtura Corporation (Chemtura) agreed to resolve its liabilities at 18 sites across the U.S. for approximately $30 million in total. The first settlement agreement (Multi-Site Settlement) was approved by the U.S. Bankruptcy Court for the Southern District of New York on September 17, 2010 and addresses liabilities at 17 sites for approximately $26 million. The second settlement agreement (Gowanus Site Settlement) was approved by the Bankruptcy Court on December 7, 2010 and addresses one site in New York for $3.9 million. Additional information is available on the Chemtura Bankruptcy Settlements case summary.
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