{"id":106422,"date":"2014-01-17T23:34:17","date_gmt":"2014-01-17T23:34:17","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/?p=106422"},"modified":"2014-01-17T23:34:31","modified_gmt":"2014-01-17T23:34:31","slug":"week-west-virginia-chemical-spill-company-files-bankruptcy","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/latest-news\/week-west-virginia-chemical-spill-company-files-bankruptcy\/","title":{"rendered":"Week After West Virginia Chemical Spill, Company Files for Bankruptcy"},"content":{"rendered":"<div>\n<div><a href=\"http:\/\/www.commondreams.org\/headline\/2014\/01\/17-10\" target=\"_blank\">Andrea Germanos<\/a><br \/>\n<a href=\"http:\/\/rinf.com\">RINF Alternative News<\/a><\/div>\n<\/div>\n<div>\n<div id=\"node-body\">\n<p>Freedom Industries, the company behind the chemical leak last week in West Virginia&#8217;s Elk River, filed for bankruptcy on Friday, the\u00a0<em>Charleston Gazette<\/em>\u00a0<a href=\"http:\/\/www.wvgazette.com\/News\/201401170030\">reports<\/a>.<\/p>\n<p>Roughly 7,500 gallons of the coal-cleaning chemical 4-methylcyclohexane methanol (or MCHM), leaked from a hole in a storage tank into the river, polluting the water supply of 300,000 West Virginians, exposing the\u00a0<a href=\"http:\/\/inthesetimes.com\/working\/entry\/mistakes_of_west_texas_repeated_in_west_virginia\">lack of a response plan<\/a>\u00a0in case of a spill,\u00a0<a href=\"http:\/\/www.commondreams.org\/headline\/2014\/01\/13-3\">lack of<\/a>\u00a0<a href=\"http:\/\/www.commondreams.org\/headline\/2014\/01\/13-0\">regulations<\/a>, fallibility of safety claims and potentially significant\u00a0<a href=\"http:\/\/www.commondreams.org\/headline\/2014\/01\/15-6\">health risks<\/a>.<\/p>\n<p>The\u00a0<em>Gazette<\/em>\u00a0reports that the company owes over $2.4 million in unpaid taxes to the IRS dating back to at least 2000, and &#8220;owes $3.66 million to its top 20 unsecured creditors.&#8221;<\/p>\n<p><em>Bloomberg<\/em>\u00a0notes that &#8220;Companies facing legal costs and damages following accidents may use U.S. bankruptcy law to protect assets,&#8221; while the\u00a0<em>Gazette<\/em>\u00a0adds filing Chapter 11 allows a company to &#8220;reorganize and continue operating&#8221;<\/p>\n<p>Montreal, Maine &amp; Atlantic Railway (MM&amp;A), the railway behind the deadly Lac-M\u00c3\u00a9gantic derailment,\u00a0\u00a0<a href=\"http:\/\/www.commondreams.org\/headline\/2013\/08\/09-5\">filed for Chapter 11 bankruptcy<\/a>\u00a0weeks after the disaster, leaving many to wonder would be held accountable.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Andrea Germanos RINF Alternative News Freedom Industries, the company behind the chemical leak last week in West Virginia&#8217;s Elk River, filed for bankruptcy on Friday, the\u00a0Charleston Gazette\u00a0reports. Roughly 7,500 gallons of the coal-cleaning chemical 4-methylcyclohexane methanol (or MCHM), leaked from a hole in a storage tank into the river, polluting the water supply of 300,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":106423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-106422","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/106422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=106422"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/106422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/106423"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=106422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=106422"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=106422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}