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Train Derailment Victims' Ch. 11 Plan Gets Nixed

By Linda Chiem ( April 9, 2014, 7:48 PM EDT) -- A Maine bankruptcy judge on Tuesday rejected the disclosure statement for a competing Chapter 11 plan filed by a group representing the estates of the 47 victims of Montreal Maine & Atlantic Railway Ltd. 's devastating July train derailment, holding that the proposed plan is flawed and unconfirmable. . . .

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