10 October 2007 00:25 [Source: ICIS news]
HOUSTON (ICIS news)--A federal judge in North Dakota gave final approval on Tuesday to a $7m (€5m) class action settlement stemming from a deadly anhydrous ammonia chemical railcar spill in January 2002.
The settlement with Canadian Pacific Railway was expected to benefit thousands of residents of ?xml:namespace>
The spill killed one man and injured residents trapped in the chemical cloud, according to Rudd’s website.
The plaintiff’s attorneys will receive $2.9m of the settlement, and the three lead plaintiffs will each receive $25,000, according to the settlement approved by District Judge Daniel Hovland.
“The settlement was the product of months of arm’s length negotiations conducted in good faith by experienced counsel after more than five years of contentious litigation,” Hovland said in the order.
($1.00 = €0.71)
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