Details filed this week in the bankruptcy case of Montreal Maine & Atlantic Railway Ltd., the operator of a train that crashed in Lac-Mégantic, Canada, killing 47 people, show how the company proposes splitting up that fund among several camps waiting for the money, the Wall Street Journal reported today. Government agencies, including the Province of Quebec, city of Lac-Mégantic and the Canadian government, are in line for the largest share of the funds, an estimated C$123 million. Families of those who died have been allocated C$77 million, personal-injury claims are in line for C$34 million, and those with property-damage claims should receive C$28 million. Within that C$77 million for wrongful death claims, the breakdown gets even more detailed. The 48 victims — including the 47 who died because of the crash and a first responder who committed suicide — are allocated between C$711,000 and C$3.69 million. Robert Keach, the court-appointed trustee overseeing MM&A’s bankruptcy, said on Wednesday that “no amount of money is ever going to be enough to address this tragedy, because it’s money.” Litigation continues against two parties that Keach and the victims would like to hold responsible for the crash: Canadian Pacific Railway, which transported the oil to Montreal, and oil supplier World Fuel Services Corp.
