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Claims Deadline for Railroad Company

| March 12, 2014

 

Railroad

PORTLAND, Maine – A bankruptcy judge has indicated a willingness to set June 13 as the deadline for claims against a Maine-based railroad responsible for a derailment that killed 47 people last summer in Quebec.

Judge Louis Kornreich (KORN’-rysh) didn’t issue the order Wednesday, pending the outcome of a proceeding in Canada. But Michael Fagone, an attorney for the Chapter 11 trustee, said he expects the order will be signed next week.

Hermon-based Montreal, Maine and Atlantic filed for bankruptcy after the fiery derailment in July in Lac Megantic (lahk meh-GAHN’-teek), Quebec.

The railroad is being sold and will continue operations under a new name, Central Maine and Quebec Railway, after the deal closes next month. But the bankruptcy proceedings will continue in Maine and in Canada.

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