The Canadian Press

2013-08-08 | Que Train Fire Bankrupt

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Montreal, Maine & Atlantic Railway, the embattled railroad at the center of the deadly train derailment in Lac-Megantic, Quebec, filed for bankruptcy protection in Canada and the US amid a flurry of lawsuits and growing cleanup costs the company estimated would surpass 200-million dollars. The railway faced lawsuits and enormous cleanup costs following the fiery July 6th crash that wiped out the downtown core of Lac-Megantic and set off several explosions and fires that killed 47 people. Louis Coallier (lou-ee koh-al-YAY'), the lawyer for the town of Lac-Megantic, welcomed the ruling. (On August 13th, the Canadian Transportation Agency suspended the Canadian operating license of Montreal, Maine & Atlantic Railway.)

Date: 2013-08-08
Placeline: MONTREAL, Quebec.
Source: The Canadian Press
Length: 12 seconds

Transcript Prediction: << it's a very satisfactory judgement and it's a real human and satisfaction of judgment and April little bit me for me if we control by the court and this is a very good news >>