By January 31, 2014 0 Comments Read More →

World Fuel Services Sued Over Deadly Derailment

January 31, 2014 | WSJ | Montreal, Maine & Atlantic Railway Ltd.’s bankruptcy trustee is suing the owner of the crude oil its train was carrying when it derailed last summer, saying the company’s alleged negligence contributed to the accident that killed 47 people and partially destroyed a small Quebec town.

Chapter 11 trustee Robert J. Keach on Thursday filed a lawsuit in bankruptcy court against World Fuel Services Corp. of Miami and several other companies, accusing them of falsely identifying the crude oil as a low danger when in fact it was highly volatile and dangerous.

[Read the entire article here.]


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