Close X
Thursday, November 14, 2024
ADVT 
National

U.S. court to rule on settlement fund for victims of Lac-Megantic rail disaster

Darpan News Desk The Canadian Press, 24 Sep, 2015 12:12 PM
    PORTLAND, Maine — A bankruptcy judge in Maine is set to rule on a $338 million US settlement fund for victims of the 2013 train derailment in Lac-Megantic, Que., that claimed 47 lives.
     
    The U.S. bankruptcy trustee wants the judge to approve the plan today so money can begin flowing to those who were harmed by the disaster.
     
    But several parties — including Canadian Pacific — are urging the judge to reject the deal.
     
    A large swath of downtown Lac Megantic was destroyed when the runaway train with 72 oil tankers derailed on July 6, 2013.
     
    The railroad contends it bears no responsibility and says the deal would hinder its ability to defend itself against lawsuits.
     
    Bankruptcy trustee Robert Keach says CP is trying to hold up payments to provide leverage to negotiate a lower contribution.
     
    At a court hearing in Canada earlier this year, a lawyer for CP said the disaster did not involve the company's tracks, rail cars, products or employees.

    MORE National ARTICLES

    Study On B.C. First Nations Stone Tools Finds Glacier Brought Mountain To Man

    Study On B.C. First Nations Stone Tools Finds Glacier Brought Mountain To Man
    First Nations in British Columbia were once believed to have travelled long distances to find prized volcanic rock for tools, but a new study of an ancient village suggests the mountain actually came to them.

    Study On B.C. First Nations Stone Tools Finds Glacier Brought Mountain To Man

    Smell From Richard Oland's Office Was 'Nauseating,' Witness Tells Murder Trial

    Smell From Richard Oland's Office Was 'Nauseating,' Witness Tells Murder Trial
    Preston Chiasson was at Printing Plus below Richard Oland's office in Saint John, N.B., on July 7, 2011, when the victim's secretary, Maureen Adamson, came into the shop looking for help.

    Smell From Richard Oland's Office Was 'Nauseating,' Witness Tells Murder Trial

    Statistics Canada Says Wholesale Sales Unchanged In July At $55.4Billion

    Economists had expected a gain of 0.7 per cent, according to Thomson Reuters.

    Statistics Canada Says Wholesale Sales Unchanged In July At $55.4Billion

    Darpan's 6th Annual Extraordinary Achievement Awards Winner Announced In A Glitzy Gala

    Darpan's 6th Annual Extraordinary Achievement Awards Winner Announced In A Glitzy Gala
    Ten amazing individuals from the South Asian community were recognized for their extraordinary achievements and for reflecting their heritage in a remarkable way.

    Darpan's 6th Annual Extraordinary Achievement Awards Winner Announced In A Glitzy Gala

    Saskatchewan Premier Brad Wall Urges Oil Industry To Fight Celebrity Critics With 'Facts'

    Brad Wall told the Canadian Energy Pipeline Association there is a growing, vocal minority that want the industry shut down completely and they are influencing policy-makers.

    Saskatchewan Premier Brad Wall Urges Oil Industry To Fight Celebrity Critics With 'Facts'

    Damaged Dewdney Bridge Near Mission Closed To Traffic After Massive Crack Cause The Span To Dip

    Damaged Dewdney Bridge Near Mission Closed To Traffic After Massive Crack Cause The Span To Dip
    The Dewdney Slough Bridge is located about eight kilometres east of the community of Mission.

    Damaged Dewdney Bridge Near Mission Closed To Traffic After Massive Crack Cause The Span To Dip