$61M settlement proposed for families of the 47 people killed in 2013 Quebec train crash
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The law firm representing the families of 47 people killed in the 2013 Quebec train crash says it has received a financial proposal that would see them split US$61 million in compensation.
Chicago-based law firm Meyers & Flowers says it will be closely reviewing the settlement to determine whether the defendants are paying sufficient funds.
Much of downtown Lac Megantic was destroyed by a raging fire after an unattended Montreal, Maine & Atlantic train with 72 oil tankers derailed in the middle of the night.
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The money was cobbled together from nearly two dozen companies representing oil exploration firms, tank car owners, the Irving Oil company, the Canadian government, Montreal, Maine & Atlantic rail company and several insurance firms.