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Polluters get slap on the wrist for years of violations.

South Texas Chisme (Free subscription) | 26/08/2008

Texas Attorney General Greg Abbott today resolved the state’s environmental enforcement action against two Lyondell Chemical Company subsidiaries that operated seven petrochemical plants in Houston and along the Gulf Coast. Under an agreed final judgment proposed by the state, defendants Equistar Chemicals and Millenium Petrochemicals Inc. will each pay $3.25 million in penalties. In December 2005,...

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Lyondell plants to pay $6.5 million to end Texas smog probe

Houston Chronicle (Free subscription) | 26/08/2008

Two Lyondell Chemical Company affiliates have agreed to pay $6.5 million to resolve an investigation into their handling of smog-causing pollutants, the Texas attorney general announced Monday.

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Lyondell affiliates agree to $6.5 million deal in state suit

Houston Chronicle (Free subscription) | 26/08/2008

Two Lyondell Chemical Company affiliates have agreed to pay $6.5 million to resolve an investigation into their handling of smog-causing pollutants, the Texas attorney general announced Monday.

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Major Decision by Chancery Court on Corporate Law Aspects of Mergers and Acquisitions

www.delawarelitigation.com (Free subscription) | 31/07/2008

In Ryan v. Lyondell Chemical Company, (Del. Ch., July 29, 2008), read opinion here , the Delaware Chancery Court rendered a decision that is "must reading" for anyone who needs to know the latest developments in Delaware corporate law involving mergers and acquisitions. One reason why this case will attract a great amount of attention in board rooms and law firms all over the world is due, at least...