Texas
Related: About this forumCity of West sues owner, supplier of fertilizer plant that exploded
The city of West on Friday sued the owner and supplier of the fertilizer plant that exploded in April, killing 15 people and inflicting as much as $100 million in property damage on the small town.
The lawsuit, which seeks unspecified damages, accuses the company that owned West Fertilizer Co. Adair Grain Inc. and the company that supplied ammonium nitrate CF Industries of negligence.
Adair Grain is accused of being negligent in the way it stored ammonium nitrate, the volatile chemical used as a fertilizer that investigators say exploded after a fire broke out at the plant April 17. But the locally owned company had only $1 million in liability insurance, which probably would cover only a fraction of the damage.
The lawsuit focuses instead on CF Industries, the company that had been supplying ammonium nitrate to the plant for about two years.
More at http://www.dallasnews.com/news/west-explosion/headlines/20130621-city-of-west-sues-owner-supplier-of-fertilizer-plant-that-exploded.ece .
[font color=green]It looks like West may have found a deep pocket.[/font]
LeftInTX
(25,551 posts)His net worth is based on his farm, so I'm not even sure how that works??
Value of crops versus hard assets??
I hope they get somewhere with this lawsuit.
Sherman A1
(38,958 posts)that may be part of the thinking.