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Maine Firm In Quebec Tragedy Files For Bankruptcy

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Firefighters douse burning wreckage on July 7, 2013 after a freight train loaded with oil derailed July 6 in Lac-Megantic in Canada's Quebec province, sparking explosions that engulfed about 30 buildings in a wall of fire.    (credit: François Laplante-Delagrave/AFP/Getty Images)

Firefighters douse burning wreckage on July 7, 2013 after a freight train loaded with oil derailed July 6 in Lac-Megantic in Canada’s Quebec province, sparking explosions that engulfed about 30 buildings in a wall of fire. (credit: François Laplante-Delagrave/AFP/Getty Images)

BANGOR, Maine (AP) — A Maine-based railroad company whose oil train caused a fire and explosion that killed 47 people in a small town in Canada has filed for bankruptcy protection.

Montreal, Maine and Atlantic Railway Ltd. filed for Chapter 11 bankruptcy protection on Wednesday.

Company Chairman Ed Burkhardt had said a bankruptcy filing was likely following service disruptions because its rail line remains closed in Lac-Megantic, Quebec. The Hermon-based company also faces lawsuits and enormous cleanup costs following the July 6 derailment and disaster in Lac-Megantic.

The train had 72 tankers full of crude oil and was unattended when it began rolling, eventually tearing into the town. Burkhardt blamed the train’s operator for failing to set enough hand brakes.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

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