CHARLESTON, W.Va. — The company blamed for a chemical spill that left 300,000 West Virginians without safe drinking water filed for bankruptcy Friday.
Freedom Industries Inc., facing multiple lawsuits and state and federal investigations after the Jan. 9 spill, filed a Chapter 11 petition with the U.S. Bankruptcy Court in the Southern District of West Virginia.
Company president Gary Southern signed the paperwork, which lists the company’s assets and liabilities as a range — both between $1 million and $10 million. It says the company has at least 200 creditors and owes its top 20 creditors $3.66 million.
The water was tainted after a chemical used to clean coal leaked from a storage tank and then a containment area at a facility owned by Freedom Industries. The water ran into the Elk River, contaminating the state’s largest water system. Read more.
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