Hold on to your hats, people – Freedom Industries, the company that poisoned 300,000 West Virginians with a chemical leak is now immune against any civil complaints or judgements that may be brought by the people and businesses suffering losses.
How does that T.E.A. taste? T.E.A. Party Freedom: Privatize the Profits, Socialize The Losses.
According to the Charleston Gazette:
The company’s assets and liabilities are “unknown,” according to the filing.
Under the bankruptcy code, Chapter 11 permits a company to reorganize and continue operating.
Chemstream Holdings Inc. is the sole owner of Freedom Industries, according to the filing. Gary Southern, who is identified as Freedom’s president, signs all of the bankruptcy documents.
Mark Freedlander of McGuireWoods LLP in Pittsburgh is representing Southern.
Those poor, put-out innocent Freedom Industry owners will do just fine though, and presumably continue living the good life.