Wells Fargo successfully resolves CERCLA cost recovery suit in California
Client(s) Wells Fargo Bank, National Association
Jones Day defended Wells Fargo Bank, National Association in a CERCLA cost recovery suit filed in the Eastern District of California. After several years of litigation, including successfully appealing the denial of a motion to dismiss to the Ninth Circuit Court of Appeals, Wells Fargo settled the case on mutually agreeable terms, with most of the settlement funding coming from the Bank's insurers.
Adobe Lumber, Inc. v. F. Warren Hellman, et al., No. 05-1510 (E.D. Ca.)