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Quebec send rep to U.S. bankruptcy proceedings for railway

Aug. 22, 2013, Quebec – Quebec is seeking a role in the U.S. bankruptcy court system following the deadly derailment of a train owned by Montreal Maine & Atlantic Railway.

August 22, 2013
By The Canadian Press

Aug. 22, 2013, Quebec – Quebec is seeking a role in the U.S. bankruptcy court system following the deadly derailment of a train owned by Montreal Maine & Atlantic Railway.

Quebec justice minister Bertrand St-Arnaud says the provincial government is seeking to ensure there's compensation for those affected by the MM&A train derailment in Lac-Megantic.

He says the government also wants to ensure that Quebec taxpayers don't bear the costs of decontamination and rebuilding.

The government has appointed a Quebec bankruptcy specialist with standing in New York State to make representations on behalf of an informal creditors' committee.

The committee represents the province, the municipality and members of a class-action lawsuit.

Luc Despins of the firm Paul Hastings will ask the court and the U.S. Trustee Office to officially recognize the creditors' committee.