In Re New Indy Emissions Litigation
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New Indy Catawba LLC and New Indy Containerboard LLC are involved in a legal settlement addressing allegations of environmental contamination stemming from their pulp and paper mill operations located at 5300 Cureton Ferry Rd, Catawba, SC. The settlement, totaling $1.8 billion, aims to compensate individuals impacted by alleged emissions and provide a resolution to ongoing litigation related to these claims.
Despite denying the allegations, New Indy has opted to settle the case to mitigate uncertainties associated with litigation. The settlement also coincides with agreements to implement measures intended to reduce emissions and prevent further environmental damage.
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