Quebec court unlocks funds to keep MM&A operating for weeks

MONTREAL – A Quebec judge has unlocked $250,000 so that Montreal, Maine and Atlantic Railway can buy insurance required to obtain an operating licence.

MM&A has been operating under court supervision while the short-haul railway sorts out massive claims arising from the deadly Lac-Megantic train derailment.

The decision by a Quebec Superior Court judge paves the way for MM&A to regain the licence that was temporarily removed Aug. 13.

For our ongoing coverage of the aftermath of the Lac-Megantic explosion, click here