• PAR convicted in waste-spill case

  • Guilford Rail System changed its name to Pan Am Railways in 2006. Discussion relating to the current operations of the Boston & Maine, the Maine Central, and the Springfield Terminal railroads (as well as the Delaware & Hudson while it was under Guilford control until 1988). Official site can be found here: PANAMRAILWAYS.COM.
Guilford Rail System changed its name to Pan Am Railways in 2006. Discussion relating to the current operations of the Boston & Maine, the Maine Central, and the Springfield Terminal railroads (as well as the Delaware & Hudson while it was under Guilford control until 1988). Official site can be found here: PANAMRAILWAYS.COM.

Moderator: MEC407

  by MEC407
 
It's like when a little kid spills milk all over the kitchen floor, and then lies about it... mom isn't mad because you spilled milk; she's mad because you lied about it and used your little sister's homework to sop it up. The better course of action would've been to go get mom, tell her what happened, and let her help you clean up the milk the proper way.
  by cpf354
 
You know, they've always acted as if they were in a bubble, like they were running a bussiness behind a fence that no one can see through. Running a freight railroad isn't like treating railroad ties, which is how the whole Guilford, and then Pan Am enterprise got its' start. As a bussiness, they are privately held, and the key word there is private. But you can't operate a railroad as if no one will notice or care, and where there are laws that apply to what you do.
  by mbhoward
 
PAR lost their appeal.

A pretty good summary of the whole affair can be found at http://www.nashobapublishing.com/ayer_news/ci_18668011
Nashoba Publishing wrote:BOSTON -- At $500,000, it was touted as the largest corporate criminal fine in state history.

And so it came as no surprise that umbrella company Pan Am Railways, and its subsidiaries Springfield Terminal Railway, Boston & Maine Corporation and Maine Central Railroad, would try to appeal the precedent-setting case that unfolded in Ayer.

But that attempt was derailed following today's ruling handed down by the Appeals Court, affirming the convictions on all counts.
Last edited by MEC407 on Fri Aug 12, 2011 10:39 am, edited 3 times in total. Reason: added short quote to summarize the article
  by artman
 
Apparently they have already gotten the money

"As part of their sentencing on March 30, 2009, the corporations were also placed on three years probation. Middlesex Superior Court Judge Elizabeth Fahey also ordered that there be no bonuses awarded to executives at either company over $100,000 at any company in a 12-month period until the criminal fines were paid to the state. The fines were paid into escrow jointly held by Pan Am and the Attorney General's Office pending the outcome of the appeals. "

That link is now behind a paywall:

Lowell Sun has similar article and synopsis at http://www.lowellsun.com/business/ci_18 ... source=rss