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West Virginia chemical company files for bankruptcy after leak
West Virginia chemical company files for bankruptcy after leak

Bombarded by lawsuits and under federal investigation, the chemical company that spilled a dangerous solvent into a West Virginia river and fouled the drinking water of 300,000 people filed for federal bankruptcy protection Friday. Freedom Industries Inc., owner of a storage tank that ruptured Jan. 9 and spilled 7,500 gallons of a coal-treatment foaming agent called MCHM into the Elk River, sought protection from creditors under a Chapter 11 filing by its parent company, Chemstream Holdings Inc. of Pennsylvania. The filing will protect Freedom from creditors, temporarily halt lawsuits against it and allow the company to continue operating. The spill prompted the governor to order...

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