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Judge Yet to Rule on $345 Million Lac Megantic Settlement

A Canadian judge has not yet decided whether to approve a $345 million settlement being offered to victims of the 2013 Lac Megantic rail disaster.

The money — some of which would also go to the Canadian government to pay for environmental cleanup costs — is being offered by most of the companies accused of responsibility for the tragedy, which claimed 48 lives.

A Superior Court judge in Quebec was expected to decide on Wednesday, but according to Portland attorney Robert Keach — who's acting as a trustee in the case — he took the matter under advisement.

Canadian Pacific Railway — the only company accused of playing a role in the disaster which continues to maintain its innocence — has this week been urging the judge in question not to approve the settlement, saying the terms are unfair to the company.

The settlement also faces approval in the U.S. courts.