CARB Calls for Bankruptcy Sale of Desert Mining Operation to Keep $76.3 Million Climate Debt

CARB calls for bankruptcy sale of desert mining operation to keep $76.3 million climate debt

The planned “free and clear” sale of the assets of a Mojave Desert mining company in bankruptcy was complicated earlier this month with filings from the California Air Resources Board asking the court to ensure that a $76.3 million environmental…

CARB asks court to ensure Searles Valley Minerals buyer keeps $76.3M climate debt

Searles Valley Minerals, Inc., filed for Chapter 11 bankruptcy protection on June 15. The company’s plan — a “free and clear” sale of its assets — was complicated earlier this month with filings from the California Air Resources Board asking…