"I think everyone recognized that the course Freedom Industries is on was inevitable following the Jan. 9, 2014 spill," Anthony Majestro said. "The parties to bankruptcy are doing their best to balance competing interests in Freedom's resources."
The company's gross income rose from $25.7 million in 2012 to $30.7 million in 2012-13. About halfway through the current fiscal year, it had already grossed $19.7 million. The company has $16.1 million in assets and $6.8 million in liabilities, according to court records.
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