Business & Finance

Reuters exclusively reports UK court is reconsidering $6.9 billion Brazil dam lawsuit against BHP

Reuters exclusively reported that London’s Court of Appeal will hear a request to revive a 5 billion pound lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil. Judge Nicholas Underhill has agreed to an oral hearing that could help to overturn a previous Court of Appeal decision which denied a 200,000-strong Brazilian claimant group permission to appeal against a judgment to strike out the landmark case, the judge said in the order which was signed on May 4 and seen by Reuters. The collapse of the Fundao dam, owned by the Samarco venture between BHP and Brazilian iron ore mining giant Vale, killed 19 and sent a flood of mining waste into communities, the Doce River and the Atlantic Ocean, 650 km (400 miles) away.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: EuropeSouth America
Countries: Brazil
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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