A mediated global resolution has been worked out in 63 lawsuits pending in U.S. District Court involving more than 850 plaintiffs asserting claims against the Tennessee Valley Authority due to the 2008 coal ash spill at the Kingston Fossil Plant in Tennessee.
The resolution, outlined in documents submitted Aug. 1 to the U.S. District Court in Knoxville, Tenn., comes after nearly two years of mediation ordered by U.S. District Judge Thomas Varlan. The judge must still approve it, TVA noted in an Aug. 1 statement.
Under this deal, which was approved by the TVA Board of Directors, the 63 lawsuits will be dismissed and TVA will pay $27.8m to the court clerk to be disbursed to the plaintiffs’ attorneys as ordered by the court.
Bringing this matter to a close is a significant milestone for all involved, TVA said. TVA added that it remains committed to completing the Kingston recovery project and restoring the community to as good as or better than it was before the spill. The restoration project is scheduled to be completed in 2015.