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CHARLESTON, W.Va. (AP) — A federal bankruptcy judge says he'll make a final decision soon in a bankruptcy case involving a company involved in a 2014 chemical spill in West Virginia.
U.S. Bankruptcy Judge Ronald Pearson in Charleston said Friday a proposed settlement involving Freedom Industries and attorneys for residents, West Virginia American Water, the Department of Environmental Protection and other parties has "great merit."
The Charleston Gazette-Mail (http://bit.ly/1QQMU0y) reports Pearson is expected to rule before retiring from the bench after 32 years Thursday.
Freedom's proposed bankruptcy plan was submitted Aug. 12.
If approved, the settlement would provide more than $2 million to affected residents and businesses, while the DEP and environmental firms will receive $1.4 million for continued cleanup work.
The January 2014 spill contaminated 300,000 residents' tap water for days.
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Information from: The Charleston Gazette-Mail, http://wvgazettemail.com.
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