MONTREAL – Canadian Pacific Railway has officially asked to appeal a $430-million settlement fund in the Lac-Mégantic train disaster.
READ MORE: More charges laid in deadly Lac-Megantic train derailment
The company argued it is illegal because the Quebec judge who approved it did not have the authority to do so.
READ MORE: Settlement for victims of runaway train in Lac-Megantic clears another hurdle
CP maintained it bears no responsibility in the disaster and is the only company out of roughly 25 accused in the tragedy to not participate in the offer.
READ MORE: Two years later: rebuilding after the Lac-Mégantic train derailment
The train derailment killed 47 people in Lac-Mégantic on July 6, 2013 and devastated much of the community’s downtown area.
READ MORE: Judge authorizes $430 million for victims of Lac-Megantic train disaster
The appeal application asked the court to cancel the fund and to rule that the judge had no authorization to use Superior Court bankruptcy proceedings to offer companies releases from legal liability.
Comments