W.Va. Book Festival Announces Featured Authors For 2024
West Virginia’s annual book festival celebrating national and regional authors will come to the Charleston Coliseum and Convention Center this October.
Continue Reading Take Me to More NewsFreedom Industries is proposing paying $6.7 million to various parties, including victims of the company’s January 2014 chemical spill.
In Charleston federal bankruptcy court Thursday, the company proposed a plan to offer spill victims $2.7 million.
The January 2014 spill contaminated 300,000 residents’ tap water for days. Businesses that couldn’t operate without water, including restaurants, and individuals are seeking compensation.
About $2.2 million would pay professionals hired for the bankruptcy case. Other creditors would get $500,000, an additional $500,000 would pay the IRS taxes, and $150,000 would go to state regulators for spill site cleanup.
An insurance settlement would provide $3.2 million, and ex-Freedom officials would contribute $3.1 million.
Freedom wants a vote of creditors and a hearing on the plan by mid-June.
The Charleston Gazette first reported the proposal.