Creditors Question Top Freedom Industries Officials In Bankruptcy Court

By
Associated Press


Updated Wed, Feb 26, 2014 12:29 pm

A few of the hundreds of creditors seeking compensation from the company at the center of West Virginia's chemical spill questioned top company officials in bankruptcy court.

At Tuesday's meeting administered by a U.S. Department of Justice official, Freedom Industries President Gary Southern and Chief Financial Officer Terry Cline answered questions on company finances from a federal trustee and fewer than 10 attorneys representing creditors.

After the hearing, Southern told reporters he's "absolutely committed" to cleaning up environmental damage and finding jobs for 51 employees as the company winds down operations.

Freedom is next scheduled in court March 4, when it will ask to hire a firm to collect electronic evidence for state and federal investigations and legal proceedings.

The Jan. 9 spill contaminated 300,000 West Virginians' water for days.

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