home bbs files messages ]

Just a sample of the Echomail archive

Cooperative anarchy at its finest, still active today. Darkrealms is the Zone 1 Hub.

   RAILFAN      Trains, model railroading hobby      3,261 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 1,913 of 3,261   
   Leroy N. Soetoro to All   
   Judge gives final approval for $338-mill   
   18 Oct 15 20:43:30   
   
   From: leroysoetoro@usurper.org   
      
   XPost: alt.railroad, sci.geo.petroleum, sac.politics   
   XPost: alt.fan.rush-limbaugh, alt.politics.economics, can.politics   
      
   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.   
      
   "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.   
      
   --- news://freenews.netfront.net/ - complaints: news@netfront.net ---   
      
   --- SoupGate/W32 v1.03   
    * Origin: LiveWire BBS -=*=- UseNet FTN Gateway (1:2320/1)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca