From: robertbaer@localnet.com   
      
   XPost: alt.railroad, sci.geo.petroleum, sac.politics   
   XPost: alt.fan.rush-limbaugh, alt.politics.economics, can.politics   
      
   Leroy N. Soetoro wrote:   
   > http://www.latimes.com/nation/la-na-judge-final-approval-for-338m-oil-   
   > train-settlement-20151009-story.html   
   >   
   > U.S. bankruptcy judge on Friday approved a $338-million settlement fund   
   > for victims of the fiery 2013 oil train derailment that claimed 47 lives   
   > in Quebec.   
   >   
   > Judge Peter Cary announced his decision after Canadian Pacific dropped its   
   > objection to the settlement plan moving forward and a Canadian judge gave   
   > conditional approval.   
   >   
   > Barring any surprises, payments could be made to victims of the disaster   
   > by year's end, said Robert Keach, the bankruptcy trustee. About $83   
   > million is being set aside to settle wrongful death claims.   
   * Naturally, as in all such "settlement" cases, nowhere is it disclosed   
   how many millions of dollars go to the "happy for the victims" lawyers.   
      
   >   
   > "We're very happy for the victims that we were able to get to this point.   
   > They're the primary focus here," Keach said.   
   >   
   > A runaway train with 72 oil tankers derailed on July 6, 2013, in Lac   
   > Megantic, Quebec, setting off powerful explosions and causing fires that   
   > wiped out much of downtown.   
   >   
   > The disaster led to greater regulatory scrutiny of the use of trains to   
   > transport crude oil amid a production surge thanks to new technologies   
   > including hydraulic fracturing.   
   >   
   > After the fires were doused, the train's operator, Montreal, Maine&   
   > Atlantic, filed for bankruptcy, and the settlement fund is tied to those   
   > bankruptcy proceedings in the U.S. and Canada. The fund, worth $446   
   > million in Canadian dollars, was the product of negotiations with about   
   > two dozen companies with potential liability.   
   >   
   > Canadian Pacific owned the track where the crude oil shipment originated   
   > and contended it bore no responsibility because the train that derailed   
   > had a Montreal, Maine&  Atlantic locomotive and crew and was operating on   
   > MMA rail.   
   >   
   > But Keach argued Canadian Pacific bears some responsibility for failing to   
   > properly classify the Bakken region crude oil, which was as volatile as   
   > gasoline.   
   >   
   > Canadian Pacific isn't contributing to the settlement fund, and the   
   > railroad had contended the plan would have hampered its ability to defend   
   > itself from lawsuits because the agreement provided legal immunity only to   
   > companies that do contribute.   
   >   
   > But the altered amendment calls for a "judgment reduction provision" that   
   > would take into account the full settlement paid by others if Canadian   
   > Pacific is ordered to pay damages in the future.   
   >   
   > "Although CP was not at fault in the derailment, we have been working with   
   > the trustee for a solution that protects CP interests and allows payments   
   > to be made to victims as soon as possible," Canadian Pacific spokesman   
   > Martin Cej said.   
   >   
   >   
   >   
   --   
     Obama increased total debt from $10 trillion to $19 trillion in the   
   six years he has been in office, and sold out heterosexuals for   
   Hollywood queer liberal democrat donors.   
     Barack Obama, reelected by the dumbest voters in the history of the   
   United States of America. The only American president to deliberately   
   import a lethal infectious disease from Africa, Ebola.   
     Loretta Fuddy, killed after she "verified" Obama's phony birth   
   certificate.   
     Nancy Pelosi, Democrat criminal, accessory before and after the fact   
   to improper vetting of Barry Soetoro aka Barack Hussein Obama, a   
   confirmed felon using SSAN 042-68-4425, belonging to a dead man.   
     Obama ignored the brutal killing of an American diplomat in Benghazi,   
   then relieved American military officers who attempted to prevent said   
   murder in order to cover up his own ineptitude.   
     Obama continues his muslim goal of disarming America while ObamaCare   
   increases insurance premiums 300% and leaves millions without health care.   
   * You forgot that he violated the constitution by breaking thousands   
   legal contracts between investors and GM (said contracts also known as   
   bonds), and "topped" it off by giving the spoils to the unions that   
   helped to elected him. Etc. &. Etc.   
      
   --- SoupGate/W32 v1.03   
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