id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
inlawrev-2948	Alexander, Scott R.	CERCLA's Web of Liability Ensnares Secured Lenders: The Scope and Application of CERCLA's Security Interest Exception	1991	40	.pdf	application/pdf	17888	1113	61	The court found that while Congress excluded other entities from CERCLA liability through the amendments, it did not simultaneously amend the statute to exclude from liability lenders who acquired property through foreclosure. These decisions have expanded the definition of owner or operator of a hazardous waste site to include lending institutions in some situations.34 Until recently, secured lenders that did not foreclose and did not participate in the operational decisions of a borrower were exempt from liability under CERCLA because they fell under the security interest exception.35 In United States v. Fleet Factors Corp.,26 however, the Eleventh Circuit Court of Appeals established an expanded theory of secured lender liability for a borrower's environmental problems.	cache/inlawrev-2948.pdf	txt/inlawrev-2948.txt