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Notice of Proposed Settlement Agreement Under the Comprehensive Environmental Response, Compensation, and Liability Act
Plain English Summary
A proposed settlement has been filed in bankruptcy court involving the Environmental Protection Agency (EPA) and Congoleum Corporation, now known as CC Oldco Corporation, along with Liberty Mutual Insurance Company and the Liquidation Trust for Old Congoleum. This settlement relates to environmental cleanup responsibilities under a federal law. Insurance agents should stay informed about this case as it may impact liability coverage and claims related to environmental issues.
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On April 15, 2026, a proposed Settlement Agreement between the United States, on behalf of the Environmental Protection Agency (“EPA”), and Congoleum Corporation, n/k/a CC Oldco Corporation (“Old Congoleum”), Liberty Mutual <span class="match">Insurance</span> Company (“Liberty Mutual”), and the Liquidation Trust for Old Congoleum (“Liquidating Trust”) was filed in the United States Bankruptcy Court for the District of New Jersey in the Chapter 11 case captioned,
In re: Congoleum Corporation,
Case No.: 20-18488 (MBK) (Dkt. No. 827-1).
On July 13, 2020, Old Congoleum