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ivanivlc   , 27

from West New York


Railway involved in deadly Quebec disaster granted creditor protection

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More: http://pressrepublican.com/0200_opinion/x1084950677/Back-to-beach-in-Quebec-City

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More: http://www.lotterypost.com/game/246

American, Canadian courts take up bankruptcy of railway in wake of Quebec explosion

The railway has faced considerable public criticism over how it has responded to the disaster and even the judge shared his own thoughts Thursday on its conduct, describing MMAs actions since the derailment as lamentable. The court is not at all impressed with the conduct of MMA since the start, Castonguay said without elaborating, shortly after granting the creditor protection. Asked about the judges remarks, a lawyer representing MMA in Canada declined Kardashian to comment about them. But http://www.soup.io/remote/generate?referer=%2F&redirect_to=%2Fsave&host=bartayci.soup.io Denis St-Onge did say he was satisfied with Castonguays ruling, which he expected would speed up the legal process. We will have one single forum within which all the claims will be assessed, said St-Onge, who expects the court decision to allow MMA to restart rail service in Lac-Megantic and maximize the value of its assets. MMA will no longer be the same, but the people over there, the businesses over there, I think they need a railway, either its MMA or its someone else. And in the meantime, some of them need a railway badly. The attorney representing Lac-Megantic was pleased that a single court will be in control of how MMA creditors will eventually be paid.
More: http://www2.macleans.ca/2013/08/08/railway-involved-in-deadly-quebec-disaster-granted-creditor-protection/

Meanwhile, Maine Department of Transportation Commissioner David Bernhardt promised shippers who use Montreal, Maine and Atlantic continuous service regardless of what happens in bankruptcy courts. Transportation officials hired an attorney and filed a notice for appearance seeking standing with the U.S. court as a representative of state and customer interests, Bernhardt said. The fact of the matter is that we need this rail. Kim Kardashian It is very important to the state, Bernhardt said Thursday. We are talking about something that runs from Searsport to Brownville to western Maine. If you were to look at a map you would see a lot of Maine business along that way.
More: http://bangordailynews.com/2013/08/08/business/canadian-judge-oks-railway-bankruptcy-in-wake-of-quebec-explosion-company-due-in-us-court-thursday/