Freedom Industries, Company in West Virginia Spill, Files for Bankruptcy

One week after W. Va. toxic spill, new owner of Freedom Industries puts firm in bankruptcy*
from Freedom Industries, the West Virginia company whose chemical spill last week tainted the drinking water of more than 300,000 residents in and around Charleston, filed for Chapter 11 bankruptcy on Friday… News reports stated that Freedom Industries was facing more than 25 lawsuits stemming from the leak. At least one newspaper carried an advertisement on Friday soliciting plaintiffs for a proposed class-action suit related to the spill. Under Chapter 11 procedures, the company would restructure its debts and reorganize to continue operating. A Pittsburgh law firm representing it declined on Friday to comment on the filing.

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