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Company at Center of Spill Back in Bankruptcy Court

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The company at the center of a chemical spill into West Virginia’s largest water supply was back in bankruptcy court on Tuesday, The Associated Press reported yesterday. Freedom Industries had a hearing yesterday morning in the U.S. Bankruptcy Court in Charleston, W.Va., that involves a $2.9 million settlement with Freedom’s insurer. Lawyers for Freedom Industries and the businesses and people who sued Freedom reached a tentative settlement, according to documents filed on Friday in Charleston federal court. The settlement would use $2.9 million in insurance money for public projects, potentially including long-term health monitoring. A board would determine exactly how to spend the money. The agreement would settle 24 lawsuits against Freedom. Many businesses sued to recoup profits they lost while shuttered for days. A January tap-water ban affected 300,000 people.