The Department of Justice has lodged a proposed Consent Decree with a court to settle a lawsuit involving the United States, the Commonwealth of Virginia, and FMC Corporation over natural resource damages at a site in Front Royal, Virginia. FMC Corporation will pay over $1.6 million, with most going to the U.S. government's fund for environmental restoration projects, and part to Virginia for similar purposes. Four federal agencies are also involved in the settlement, contributing nearly $2.5 million for restoration projects. The agreement includes a period for public comment and protects the parties from further liability related to this issue as of the settlement date.
Simple Explanation
The Justice Department and others are making an agreement with a company to pay money to fix the environment where some harm was done; most of the money will help nature and some will help Virginia, but they didn't say exactly what projects will use the money.