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Freedom Industries, Inc.

  1. October 06, 2015

    Company Behind W.Va. Spill Gets Nod On Ch. 11 Plan

    The company responsible for a massive chemical spill that contaminated drinking water in West Virginia got a bankruptcy judge to sign off Tuesday on a reorganization plan which will divvy up about $6.1 million to compensate creditors and victims and help fund remediation efforts.

  2. July 01, 2015

    Freedom Likely To Win Judge's Approval Of $2.5M Deal

    A West Virginia federal judge said Wednesday he's likely to approve a $2.5 million deal that Freedom Industries Inc. reached in its Chapter 11 proceedings with creditors and the state Department of Environmental Protection, according to a news report.

  3. June 26, 2015

    Freedom Creditors Want Ch. 11 Plan OK'd To Speed Cleanup

    Parties involved in Freedom Industries Inc.'s Chapter 11 proceedings have asked a West Virginia bankruptcy judge to quickly approve the company's amended liquidation plan and proposed settlement, saying it will bring a faster end to the cleanup of a coal-related chemical spill.

  4. May 13, 2015

    W.Va. Judge Denies Freedom's Bid For Expedited Ch. 11 Plan

    A West Virginia bankruptcy judge denied Freedom Industries Inc.'s bid to fast-track its Chapter 11 plan Wednesday and ordered the company to come up with sufficient funds to complete environmental cleanup of its damaged property in cooperation with state regulators.

  5. May 04, 2015

    W.Va. Officials Slam McGuirewoods' Fees In Freedom Plan

    West Virginia environmental regulators on Monday torched Freedom Industries Inc.'s proposal for resolving its cleanup liability for a huge chemical spill, labeling the Chapter 11 plan a bad-faith grab by bankruptcy counsel McGuireWoods LLP for liquidation proceeds that rightfully belong to the state.

  6. February 25, 2015

    Katrina Example Negates Freedom Industries' DQ Bid, US Says

    West Virginia prosecutors on Tuesday pushed back against a bid by two Freedom Industries Inc. executives who want the prosecutors removed because they were affected by a chemical spill that gave rise to criminal negligence charges, citing the example of a New Orleans federal judge who didn't have to remove himself from litigation related to Hurricane Katrina.

  7. January 28, 2015

    Freedom Exec Again Urges Court To Deny $3M AIG Settlement

    The indicted president of Freedom Industries Inc., whose January 2014 chemical spill is blamed for contaminating the drinking water of 300,000 West Virginia residents, again called on a bankruptcy court Tuesday to nix the company's proposed $3 million settlement with AIG Specialty Insurance Co.

  8. December 22, 2014

    Freedom President Objects To $3M AIG Settlement

    The indicted president of Freedom Industries Inc., whose January chemical spill is blamed for contaminating drinking water for 300,000 West Virginia residents, told a bankruptcy court on Friday that he objected to a company's proposed $3 million settlement with AIG Specialty Insurance Co.

  9. November 26, 2014

    Freedom-AIG $3M Chem Spill Coverage Deal Hits Roadblock

    Bankrupt Freedom Industries Inc., whose January chemical spill is blamed for contaminating drinking water for 300,000 West Virginia residents, told a bankruptcy court Tuesday that its settlement with AIG Specialty Insurance Co. over coverage for the spill has been tied up by objections and delays.

  10. September 19, 2014

    Bankruptcy Judge Won't Block $2.9M W.Va. Spill Settlement

    A West Virginia bankruptcy judge on Tuesday rejected a water company's objection to Freedom Industries Inc.'s $2.9 million class action settlement over a chemical spill that contaminated the drinking water in West Virginia, finding the agreement is reasonable.

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