Bankrupt 4E Brands, Texas Agree to Toxic Sanitizer Clean-Up Terms

4E Brands Northamerica LLC, a bankrupt unit of Kimberly-Clark de Mexico, struck a deal with a Texas regulator on the proper ways of cleaning up its toxic hand sanitizer, paving the way for a liquidation plan to be submitted for court approval.

4E representatives and the Texas Commission on Environmental Quality said at a bankruptcy court hearing Wednesday that they reached agreeable language on proper disposal that will be added to the liquidation plan.

Judge David Jones of the US Bankruptcy Court for the Southern District of Texas said he would approve the Chapter 11 plan with the regulator’s sign-off ...