HERMON — Thanks to a recent $3 million loan, workers are being rehired by the bankrupt railway that owned the runaway train that devastated a Canadian town, killing 47 people, the railway’s court-appointed trustee said Monday. Montreal, Maine and Atlantic Railway secured a $3 million loan from Camden National Bank to allow it to keep […]
Quebec
Posted inObituaries
Anna M. Mathieu
1922 – 2013 AUBURN — Anna M. Mathieu, 91, formerly of Harmons Corner Road, Auburn, passed away Wednesday, Oct. 16, at the Hospice House of Androscoggin Home Care and Hospice. She previously resided at Clover Manor. She was born in Sainte-Agnes, PQ, Canada on April 30, 1922, daughter of the late Alyre and Florida Maheux […]
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Posted inBusiness, Maine, sj-web
CEO of Rail World — Montreal, Maine and Atlantic parent — sits on board of company suing railway in bankruptcy
In what some experts say could be a conflict of interest, the CEO of the Montreal, Maine and Atlantic Railway’s parent company also sits on the board of directors of the railway’s second-largest creditor, which on Tuesday sued to ensure it is first to be paid from MMA’s ongoing bankruptcy proceedings. Ed Burkhardt, CEO of […]
Posted inBusiness, sj-web
Bankruptcy judge approves $3 million loan for railway
BANGOR — A U.S. Bankruptcy Court judge Wednesday approved a $3 million loan from Camden National Bank that will allow the Montreal, Maine and Atlantic Railway to continue operating with two-man crews running the trains. Canadian authorities in August ordered the railroad to use two-man crews for all hazardous material transportation in response to the […]
Posted inBusiness, sj-web
Bankruptcy judge to decide whether victims of Quebec train explosion have voice in proceedings
BANGOR — A federal bankruptcy judge will consider Tuesday pending motions in the Montreal, Maine and Atlantic Railway bankruptcy, including one that would allow victims of the devastating crash in Lac-Megantic, Quebec, Canada, that left 47 dead to be represented in the proceedings. U.S. Bankruptcy Judge Louis Kornreich is expected to decide whether an unofficial […]
Posted inBusiness, Maine, sj-web
Attorney for Lac-Megantic victims says he will sue Irving over mislabeling of oil in train cars
BANGOR — An Illinois attorney who represents the victims of the Lac-Megantic, Quebec, train disaster and their families said Friday that he will file a lawsuit against Irving Oil Co., the Canadian firm that hired the railroad to ship crude oil to its refinery in New Brunswick. Peter J. Flowers of Chicago, who represents the […]
Posted inNation / World, sj-web
Attorney for Lac-Megantic victims says he will sue Irving over mislabeling of oil in train cars
BANGOR — An Illinois attorney who represents the victims of the Lac-Megantic, Quebec, train disaster and their families said Friday that he will file a lawsuit against Irving Oil Co., the Canadian firm that hired the railroad to ship crude oil to its refinery in New Brunswick. Peter J. Flowers of Chicago, who represents the […]
Posted inNation / World, sj-web
Canadian officials say Quebec Rail crude not properly labeled
OTTAWA — Canada’s transportation safety authority said the crude carried on a train that crashed in Quebec, killing 47 people, should have been labeled as being more dangerous. An unattended Montreal Maine & Atlantic Railway Ltd. train with 72 tankers of crude crashed in the Quebec town of Lac-Megantic in July, causing the worst Canadian […]
Posted inMaine, sj-web
Bankrupt railroad hires Portland law firm to sell company, tracks
PORTLAND (AP) — A bankrupt railroad whose runaway train killed 47 people when it derailed and exploded in Quebec has hired a Portland law firm. A bankruptcy judge on Tuesday agreed to allow Montreal, Maine & Atlantic Railway to hire Verill Dana to represent the company during the bankruptcy process. Company trustee Robert Keach said […]
Posted inBusiness, Maine, sj-web
LePage likes idea of Canadian pipeline that would carry western oil to coast
LA MALBAIE, Quebec (AP) — The governor of Maine is lending his support to TransCanada’s proposed west-east pipeline, saying his state would welcome Alberta’s oil. The transportation of crude was a key issue as the New England governors and Eastern Canadian premiers held their annual meeting Monday in La Malbaie, Quebec, where Gov. Paul LePage […]