St. Louis, MO, September 7--The judge supervising Solutia's bankruptcy reorganization case has approved payouts by the company to meet environmental obligations and responsibilities to residents of Anniston, AL, who were exposed to polychlorinated biphenyl, according to the Financial Times.
The judge authorized the company to pay $5M, due under a $550M settlement with 20,000 Anniston residents.
She also allowed Solutia and Monsanto to proceed with construction of a $14M slurry wall in Sauget, IL, that will prevent contaminated water from a plant there leaking into the Mississippi River. Solutia filed for bankruptcy at the end of 2003.
