In federal bankruptcy court, attorneys for the company behind the chemical spill in West Virginia said a deal has been secured that is up to $4 million in credit to assist in continuing operations.
Freedom Industries will continue to pay top vendors and its employees, while providing funds for the environmental cleanup from the chemical spill in the Elk River on Jan.9, said Mark Freelander, one of the company’s attorney.
The spill affected roughly 300,000 West Virginia residents, whose water supply was contaminated.
This agreement follows the announcement made by President Gary Southern of Freedom Companies earlier on Tuesday that the company had paid $800,000 last week to make up for environmental damage from the spills.
By Kollin Lore
Sources:
Las Vegas Sun
ABC
WBay
