Company responsible for W.Va. chemical leak files for bankruptcy
http://www.upi.com/Business_News/2014/01/17/Company-responsible-for-WVa-chemical-leak-files-for-bankruptcy/UPI-52951389991173/?spt=bn&or=5
Company responsible for W.Va. chemical leak files for bankruptcy
Jan. 17, 2014 at 3:39 PM
CHARLESTON, W.Va., Jan. 17 (UPI) -- Freedom Industries, responsible for the chemical leak that left portions of West Virginia without water for days, filed for Chapter 11 bankruptcy Friday.
The filing indicated the company's assets and liabilities as "unknown," the Charleston Gazette reported. Chemstream Holdings Inc. of Stoystown, Pa., was listed as the owner.
The documents indicated Freedom owes $3.66 million to its top 20 unsecured creditors, led by $648,221 owed to Atlanta-based FloMin Coal Inc.
An estimated 7,500 gallons of the chemical 4-methylcylohexane methane, used in the coal-cleaning process, leaked from a storage tank at Freedom Industries and into the Elk River in Charleston Jan. 9. More than 300,000 residents in nine West Virginia counties were advised not to use their tap water because of concerns about possible contamination. On Monday, the West Virginia American Water customers began flushing home plumbing systems on a zone-by-zone basis so they could begin using their tap water.