Court approves a $103 million pollution settlement involving the Kraft joint venture
Reporting and findings
- reported
A federal judge approved a $103 million settlement of residents' odor and emissions claims against New-Indy Containerboard: an $18 million class fund and $85 million in agreed remedial work. The settlement resolved allegations without a liability judgment and did not impose personal liability on Robert Kraft.
- The Herald: Judge approves $103 million New-Indy pollution settlementFinal approval, class fund and remedial-work values
- The Kraft Group: Paper and packaging portfolioKraft Group description of joint-venture ownership
Summary and current status
Settlement approved without an adjudication of liability
People and organizations
- The Kraft GroupJoint-venture co-owner
- Robert KraftKraft Group chairman
- New-Indy Catawba LLCSettling defendant
Money trail
paymentNew-Indy settlement class fund$18 million - Committed by / source
- New-Indy Containerboard
- Committed to
- Resident settlement class fund
commitmentNew-Indy agreed remedial work$85 million - Committed by / source
- New-Indy Containerboard
- Committed toward / intended recipient
- Court-approved pollution-remediation work
- Financially affected
- Agreed pollution-remediation work
otherNew-Indy pollution settlement total$103 million - Committed source
- New-Indy Containerboard
- Measured subject
- Residents covered by the pollution settlement and agreed remedial work