A bankruptcy court judge expressed concern Thursday that Montreal, Maine & Atlantic Railway will not have enough money left, after legal fees, to compensate victims of the July 6 accident in Lac-Megantic, Quebec.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inNews
U.S. railroad chief ‘shocked’ at Maine company’s single-person train crews
He tells the Montreal, Maine & Atlantic Railway that he expects two-person crews in the U.S.
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Posted inBusiness, News
Irving emerges as one suitor for Maine railway
Calling the Maine-based line ‘vital to our operations,’ the Canadian company keeps its eyes on MM&A’s bankruptcy.
Posted inNews
Report: 10 times more Lyme cases than reported
New research suggests Lyme disease is a bigger problem than realized in states such as Maine.
Posted inNews, Politics
LePage, legislative leaders reach $150 million bond agreement
The compromise package includes a borrowing plan for roads and bridges and education improvements.
Posted inBusiness, News
Maine-based venture chosen for talks to restart ferry
Groups are pleased that the Portland-Nova Scotia service may resume in summer 2014.
Posted inNews
Pride, fear mix as Maine soldiers head to Afghanistan
Friends, family members and dignitaries give a heroes’ send-off to soldiers of the 133rd Engineer Battalion and 1035th Survey and Design Team.
Posted inBusiness, Nation & World, News
Disastrous crash forces Maine railway into bankruptcy
The company files Chapter 11 as it seeks a buyer or tries to straighten out its affairs.
Posted inBusiness, News
BIW asks Bath for tax break to expand shipyard
Its tax increment financing proposal says a new outfitting hall would make Bath Iron Works more competitive.
Posted inNews
Gas price hike reasons can be hard to figure
Gas prices at the pump are rising, which can be attributed to many factors, both overseas and right here in Maine.