Rail trustee sees 9-figure fund for Quebec victims

Published January 31, 2014 8:41pm ET



PORTLAND, Maine (AP) — The trustee for a bankrupt railroad said Friday that he anticipates victims of a fiery derailment that killed 47 people in Quebec could eventually share in a “nine-figure” settlement fund.

Robert Keach outlined his vision for how victims will ultimately be compensated Friday as attorneys clashed over whether lawsuits filed in Illinois should be moved to federal court in Maine, where Montreal, Maine and Atlantic Railways filed for bankruptcy following July 6 disaster in Lac Megantic, 10 miles north of the Maine border.

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