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Environment • Aboriginal • Energy

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November 13, 2013

Fault’s Got Nothing To Do With It! – Northstar Settlement Underscores Troubling Times for Directors and Officers Liability Exposures

Northstar Aerospace (Canada) Inc.’s former directors and officers denied liability for contamination at the site of the defunct company, yet remained on the hook for millions in clean-up costs. The settlement is indicative of the serious risks that directors and officers are exposed to from environmental enforcement. In particular, the settlement shows that the former D&Os of a bankrupt company can be held personally responsible for clean-up orders long after their company’s assets have disappeared.

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