Court delays Lac-Mégantic settlement

[Editor: Liability is a huge – and lingering – issue when it comes to oil train derailments and catastrophic firey explosions.  There have been daily updates this past week on an announced settlement in the massive Lac-Mégantic disaster of July, 2013.  We watch and wait for potentially precedent-setting decisions.  See below.  – RS]

Court delays ruling on 2013 Quebec oil train crash settlement

(Reuters) — A Quebec judge reserved his decision on Wednesday on whether to grant a motion that would clear the way for a settlement between victims of the 2013 Lac-Megantic oil train disaster and dozens of companies and individuals linked to the crash that killed 47 people.  Read More >


Canadian Pacific asks judge not to approve Lac-Megantic derailment settlement

In this July 6, 2013 file photo, smoke rises from railway cars carrying crude oil after derailing in downtown Lac Megantic, Que.
In this July 6, 2013 file photo, smoke rises from railway cars carrying crude oil after derailing in downtown Lac Megantic, Que. Paul Chiasson / THE CANADIAN PRESS

(Calgary Herald) — SHERBROOKE, Que. – Canadian Pacific Railway Ltd.’s lawyers asked a Quebec judge not to approve a proposed $430-million settlement fund for victims of the Lac-Megantic train derailment because they say its terms are unfair to the company.  Read More >


Quebec court to hear arguments in $431 million settlement for Lac-Megantic victims

(Globalnews.ca) – WATCH: A settlement to compensate victims of the Lac-Megantic train disaster may be in danger. Lawyers for Canadian Pacific are questioning the legitimacy of the entire process, just two days before a judge was set to approve the deal. As Mike Armstrong explains, the last minute hiccup could mean a delay of months or even years.  Read More >


 

Canadian Pacific legal challenge plunges Lac-Mégantic settlement into question

(Montreal Gazette) – A lawyer for the defunct railroad at the centre of the Lac-Mégantic train derailment said Canadian Pacific Railway Ltd. is acting deplorably and offensively by attempting to shut down proceedings to distribute more than $430 million to victims and creditors of the 2013 tragedy.  Read More >