The trustee for Montreal, Maine & Atlantic Railway Ltd. wants U.S. taxpayers to pay the bankrupt railroad’s legal fees, according to a motion filed Monday in U.S. Bankruptcy Court.
The motion asks the court to carve out $5 million of the anticipated proceeds from selling the railroad’s assets and subtract it from the amount owed to the Federal Railroad Administration.
Read the complete story at the Portland Press Herald.
Related News
- Virginia 2-PC Law Could Become a Reality if We Act Now
- WATCH: Members Step Up to Take Care of Their Own
- Metro Micro Operators Overwhelmingly Ratify First Contract
- New Documentary Features California Local 1741 Bus Operators
- WATCH: Railroaders Meet Life’s Risks Head-On
- What Does $73.16/Hour Actually Mean?
- New Jersey Leads with Rail Safey Law
- “The Safety Program That Works — And Why Railroads Won’t Use It”
- Jobs Still Protected After Merger Delay
- Recommit to the Work Ahead this MLK Day