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Brightbill T.C.,International Trade Group | Nance S.,Wiley Rein LLP
Iron and Steel Technology | Year: 2011

The demand for steel scrap in the United States and around the world has started to rise with the recovery of global steel production in 2010. China's scrap imports have varied significantly, dropping from 10.1 million tons in 2005 to 3.4 million tons in 2007, with rise to 13.7 million tons in 2009. Russia has exported substantial quantities of scrap in the past, but exported only 1.2 million tons in 2009. The NAFTA countries, the European Union and Japan accounted for more than 87% of world scrap exports in 2009. All three have well-developed recycling networks such as the United States recycles 65% of steel cans, 90% of steel appliances and 106% of automobiles. World steel production in 2010 was 15% higher than in 2009. The main suppliers of scrap to the world market that include the United States, the EU and Japan, are already operating near capacity in scrap production. Source

Foggan L.A.,Wiley Rein LLP | Gridley M.J.,Wiley Rein LLP
Environmental Claims Journal | Year: 2014

Pollution liability insurance policies provide coverage for claims and costs associated with pollution conditions that develop and commence during the policy period. Coverage under such policies for claims arising from pollution conditions that existed before the policy incepted, however, varies significantly under different policy forms. This article addresses the two principal means that insurers have utilized to limit the risks associated with preexisting pollution conditions under pollution policies: the known conditions exclusion and retroactive date provisions. The article explains that these provisions have received mixed treatment in the courts and are likely to continue to be a focus of future coverage litigation involving environmental impairment liability and pollution legal liability policies. © Taylor & Francis Group, LLC. Source

Hausman D.E.,Wiley Rein LLP | Foggan L.A.,Wiley Rein LLP
Environmental Claims Journal | Year: 2011

The processing of claims for compensation arising from the April 20, 2010, explosion of the Deepwater Horizon offshore oil rig and its environmental and economic aftermath has proceeded simultaneously before the Gulf Coast Claims Facility and insurers. The criteria for recovery between these two recipients of claims differ significantly. Compensation from the facility has included claims for purely economic injury, whereas compensation from insurance generally requires, inter alia, a closer geographic or causal nexus to property damage. The resolution of compensation issues both by the facility and insurers will impact whether further disputes arise in the courts. Based upon similar experiences from September 11 and Hurricane Katrina, these issues are likely to continue for several years before they are fully resolved. © Taylor & Francis Group, LLC. Source

Wiley Rein Llp and Wiley Rein & Fielding Llp | Date: 2003-11-25

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