August 29, 2017
NCR Corp. has received court approval of the consent decree settlement the company entered into in January with the U.S. Government and the State of Wisconsin to effectively resolve the Wisconsin Fox River environmental cleanup and related Superfund litigation.
"Approval of this settlement should help bring to a conclusion this longstanding matter relating to cleanup efforts that NCR began many years ago," NCR General Counsel Edward Gallagher said in a press release. "We are gratified by the court’s decision to approve the settlement and the allocation of past and future responsibility it entails, and pleased that it will foster completion of the Fox River remediation."
The decree includes NCR commitments to complete in-river cleanup work and to drop a potential appeal. It also incorporates the limitation of Superfund claims brought against the company by other parties and the discontinuation of the company’s own such claims, and additionally envisions assignments of responsibility to other companies for certain future tasks, the release said.
The decision by the U.S. District Court for the Eastern District of Wisconsin, is subject to potential appeal.
With the contributions of former corporate parent companies and affiliates from the past several decades, NCR has performed the majority of the cleanup work to date, the release said.
NCR will not make any settlement payments under the consent decree, but will fund the remediation through contractors and vendors on a pay-as-it-goes basis, the release said.