. . DISASTERS: CHEMICAL SPILLS : RIVERS : WATER : UNITED STATES: STATES: WEST VIRGINIA : WATER POLUTION : ENVIRONMENT: POLLUTION : ENERGY : HEALTH: ISSUES : BUSINESS: COMPANINES: NAMED COMPANIES: FREEDOM INDUSTRIES: Freedom Industries Wants to Fast-Track Bankruptcy Process . . Freedom Industries Wants to Fast-Track Bankruptcy Process by Andrea Lannom Monday February 17, 2014 Charleston Daily Mail http://www.charlestondailymail.com/News/201402170055 . .CHARLESTON, W.Va. -- Freedom Industries is asking the court to speed up the hearing process and give the green light to hire experts and environmental consultants to look into details of the Jan. 9 chemical spill.
.Freedom wants experts and consultants to assist in remediation of the site, help preserve evidence and help in the defense against lawsuit allegations.
.The filing also explained Freedom's insurance policies, which will pay for parts of the remediation process.
.In Saturday's bankruptcy court filing, Freedom requests the hearing on this motion to take place at 10 a.m. Friday -- the same time the court will hear other bankruptcy motions, including the final hearing on Freedom's financial motion.
.In January's hearing on first-day motions, attorneys for West Virginia American Water and Freedom Industries reached an agreement for what's known as debtor-in-possession financing while Freedom reorganizes under Chapter 11 bankruptcy code.
.In this agreement, Freedom would get a $3 million cash infusion from Mountaineer Funding with the potential for an extra $1 million later.
.The reason Freedom wants a hearing to hire experts to be expedited is because it wants experts to take a look at details surrounding the leak before evidence is removed or destroyed in the remediation process, according to the filing.
.The filing notes Freedom's Charleston facility must be decommissioned by March 15 and some parties against Freedom already have begun ground and metallurgical testing.
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