As you have just seen, the TPC Group failed to identify problem areas where dangerous “popcorn polymer” might build up and never implemented a safety recommendation to regularly flush pipes connected to out-of-service equipment.
The explosions the day before Thanksgiving 2019 prompted the evacuations of more than 50,000 people from the area — about 100 miles east of Houston. The blasts spewed more than 11 million pounds of hazardous substances, causing more than $130 million in offsite property damage and additional impacts to human health and the environment, and caused more than $153 million in off-site property damage.
In this Insider Exclusive “Justice in America” Network TV Special, TITLE, our investigative team sits down with Brent Coon and Eric Newell to discuss not just the TPC explosion but most importantly how TPC abused the bankruptcy process to protect themselves and throw their victims under the bus.
Why, if TPC had a billion dollars in insurance and avoided liability in court for two years while they settled all their insurance coverage and then spent the money paying off their debt and investing in another facility and then filing bankruptcy, leaving the claimants with nothing?
TPC emerged from bankruptcy and eliminated more than $950 million of the company’s $1.3 billion in debt as well as more than 11,000 explosion-related litigation claims.