Lockformer (Met-Coil) bankruptcy filing in 2003 over environmental remediation

Lockformer's environmental liabilities from solvent contamination at its Lisle, Illinois plant led to a 2003 bankruptcy filing, settled by creating a remediation fund to pay claimants.

“That led to a bankruptcy filing in 2003, settled by creating a fund to finish the remediation and pay the claimants.”

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