"$1.6M earmarked for EnCap litigation"

[Surety Insider]

And also, "...an AIG subsidiary that backed EnCap's promise of remediated dumps with a $149 million surety bond."

Read about it here.

[Surety Insider]

Trump sticking to his vision for EnCap

[Surety Insider]

EnCap talks boost hopes for cleanup

[Surety Insider]

EnCap: The 5-minute read

[Surety Insider]

EnCap towns offered a $1.2M lifeline

[Surety Insider]

Deal nears to allow EnCap project site cleanup

"State officials are engaged in "intense and earnest" discussions with an AIG subsidiary on a disputed $148 million surety bond, a New Jersey Meadowlands Commission attorney said Tuesday."

[Surety Insider]

Encap: The money is gone, the dirt still there

[Surety Insider]

AIG's American Home Assurance Company Reaches Agreement with New Jersey Meadowlands and New Jersey Attorney General on EnCap Remediation

Statements from Meadowlands Commission and AIG

"We are pleased that American Home Assurance Company, a subsidiary of AIG, has made a binding commitment to honor the performance bond it issued," said New Jersey Attorney General Anne Milgram. "This will allow this long-delayed project to move ahead."

[Surety Insider]

Read it here.

EnCap was declared in default on the project last May, setting off a Chapter 11 bankruptcy court reorganization effort that was unsuccessful. AIG officials had resisted paying, claiming that amendments to the developer’s agreement voided the bond.

[Surety Insider]

Meadowlands Commission to reconsider fate of landfills