Close X
Wednesday, December 11, 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

    Canada's 'Technical Recession' Will Be Short-Lived, Economists Say

    Economists say data out this week is likely to show that Canada slipped into a technical recession in the second quarter, but the contraction should be short-lived. 

    Canada's 'Technical Recession' Will Be Short-Lived, Economists Say

    Death Of Red Panda Named Rakesh At B.C. Zoo Sparks Calls For Change From Animal Activists

    Death Of Red Panda Named Rakesh At B.C. Zoo Sparks Calls For Change From Animal Activists
    A male red panda named Rakesh died of a fungal infection at the Greater Vancouver Zoo on Aug. 17, two months after being transferred from Winnipeg as part of a program to preserve endangered species.

    Death Of Red Panda Named Rakesh At B.C. Zoo Sparks Calls For Change From Animal Activists

    Victim Jumps From Window As Suspicious Fires Block Doors Of Coquitlam Home

     A Coquitlam, B.C., resident had to leap from a window at his bungalow to escape what RCMP are calling a suspicious fire.

    Victim Jumps From Window As Suspicious Fires Block Doors Of Coquitlam Home

    Stranded SkyGreece Passengers To Hear From Canadian Transportation Agency

    Stranded SkyGreece Passengers To Hear From Canadian Transportation Agency
    Passengers who were stranded by the demise of SkyGreece Airlines may get some idea today about how quickly a federal agency will deal with a complaint on their behalf.

    Stranded SkyGreece Passengers To Hear From Canadian Transportation Agency

    Argentinian Ballet Dancer, Lucila Munaretto, Wakes From Coma After Rollerblading Accident In B.C.

    Argentinian Ballet Dancer, Lucila Munaretto, Wakes From Coma After Rollerblading Accident In B.C.
    VANCOUVER — A promising young Argentinian ballerina is practicing dance moves in her bed just two weeks after suffering a severe head injury in British Columbia.

    Argentinian Ballet Dancer, Lucila Munaretto, Wakes From Coma After Rollerblading Accident In B.C.

    Ashley Madison Claims Thousands Of New Users Despite Leak Of Information

    Ashley Madison Claims Thousands Of New Users Despite Leak Of Information
    The owners of adultery website Ashley Madison say hundreds of thousands of people signed up for their website in the past week despite a recent cyberattack that leaked the personal information of many of their users.

    Ashley Madison Claims Thousands Of New Users Despite Leak Of Information