BHP Found Liable for Brazil Dam Disaster

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

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In a landmark ruling, the London High Court holds BHP potentially liable for the 2015 Brazil dam collapse, potentially impacting hundreds of thousands seeking compensation. The collapse of the Fundao dam in Mariana, Brazil, resulted in 19 deaths, displacement of thousands, and environmental devastation. The court found BHP responsible under Brazilian law, but BHP plans to appeal. Meanwhile, BHPs President highlights that many claimants have already received compensation in Brazil, potentially reducing the scope of the ongoing UK class action. This case has significant implications for corporate responsibility and environmental justice worldwide.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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