[net-gold] 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

  • From: "David P. Dillard" <jwne@xxxxxxxxxx>
  • To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Nabble Groups Net-Gold <ml-node+s3172864n3172864h56@xxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, "Net-Gold @ Wiggio.com" <netgold@xxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
  • Date: Sun, 23 Feb 2014 01:10:28 -0500 (EST)



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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

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Freedom Industries Wants to Fast-Track Bankruptcy Process

by Andrea Lannom

Monday February 17, 2014

Charleston Daily Mail

http://www.charlestondailymail.com/News/201402170055


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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.

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Freedom wants experts and consultants to assist in remediation of the site, help preserve evidence and help in the defense against lawsuit allegations.

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The filing also explained Freedom's insurance policies, which will pay for parts of the remediation process.

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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.

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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.

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In this agreement, Freedom would get a $3 million cash infusion from Mountaineer Funding with the potential for an extra $1 million later.

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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.

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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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The complete article may be read at the URL above.

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Sincerely,
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  • » [net-gold] 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 - David P. Dillard