WYMT | Eastern KY | News, Weather, Sports

Judge has concerns over West Virginia chemical spill company sale

CHARLESTON, W.Va. (AP) - A bankruptcy judge is concerned that a company responsible for a West Virginia chemical spill wants to sell remaining property to a company tied to former executives.

Freedom Industries has filed a motion to sell chemicals and property at a leased secondary facility, Poca Blending in Nitro, to Lexycon LLC.

Lexycon President Kevin Skiles and independent consultant Dennis Farrell are former Freedom executives. Lexycon was formed in Florida in March.

In court filings Wednesday, Judge Ronald Pearson questioned possible advantages for insider interests, transparency issues and opportunity for participation in the sale.

Pearson also questioned Freedom's timeframe. Freedom wants to sell by May 20 to let Lexycon prepare for its dust control product season.

A preliminary hearing is set for Tuesday.

The January spill contaminated 300,000 people's water for days.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WYMT CONTACT INFO 199 Black Gold Blvd. Hazard, KY 41701 606-436-5757 - switchboard 606-439-9968 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 258482531 - wkyt.com/a?a=258482531