Montreal, Maine & Atlantic files for bankruptcy protection

Lac-Mégantic, Québec (Photo: Transport Canada)

CANADA: Following the devastating derailment and explosion at Lac-Mégantic in Québec on July 6, Montreal, Maine & Atlantic Canada Co announced on August 7 that it had sought relief under the Companies' Creditors Arrangement Act in the Superior Court of Québec. Simultaneously, US-based sister company Montreal, Maine & Atlantic Railway ...

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