ABSTRACT
In 1986, the Superfund Amendments Reauthorization Act (SARA) was signed into law to provide important corollaries to CERCLA. SARA significantly broadened the definition of parties potentially responsible for a property’s cleanup. For example, SARA § 107 provides for financial liability for environmental cleanup regardless of “ownership.” Under SARA, liability extends to owners, operators, and legal entities holding title to the property, regardless of whether such ownership was transferred through bankruptcy, foreclosure, abandonment, or payment of delinquent taxes.
