In Nature Conservancy v. Wilder Corp., No. 09-2988, the U.S. Court of Appeals for the Seventh Circuit in Chicago recently affirmed the trial court's grant of summary judgment in favor of the purchaser of land contaminated by the prior landowner. This case concerned farmland purchased by The Nature Conservancy from Wilder for $16,350,000.
The sales contract required Wilder to remove from the...