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Environmental Liabilities
9 Months Ended
Nov. 30, 2014
Environmental Liabilities [Abstract]  
ENVIRONMENTAL LIABILITIES

3.      ENVIRONMENTAL LIABILITIES

 

In November 2013, the Company was named as a defendant in a Third Party Complaint filed in the United States District Court for the Northern District of New York. The Plaintiff in the lawsuit, the Clarkstown Landfill Joint Defense Group (“JDG”), alleged that the Company was liable for an equitable share of the JDG’s settlement payment to the New York State Department of Environmental Conservation (“NYSDEC”) in connection with response costs incurred by NYSDEC to remediate the Clarkstown Landfill Site, located in the Town of Clarkstown, New York. On May 23, 2014, the Company obtained an order from the United States Bankruptcy Court for the Southern District of Florida (“Court”) finding that the JDG’s claim against the Company was derivative of NYSDEC’s claim, and that NYSDEC’s claim had been discharged in the Court’s Final Order Confirming Debtor’s Fourth Amended Plan of Reorganization, entered on August 19, 1993. On June 2, 2014, the JDG filed a Notice of Voluntary Dismissal of its lawsuit against the Company.