BHP Brazil mine disaster sees lawyers strike gold in London in biggest class action
Australian Financial Review
Lawyers are benefiting from a large class action lawsuit against BHP in London regarding a Brazilian mine disaster.Summary
A lawsuit against BHP, stemming from the collapse of a dam in Brazil over a decade ago, is ongoing in London, with a trial scheduled for April to determine the compensation owed to hundreds of thousands of Brazilians. The legal battle has already generated at least $600 million in legal bills and is expected to continue for several more years. The case involves hearings in three countries and has caused turmoil within the law firm representing the plaintiffs, while BHP, Australia’s largest mining company, faces significant financial implications. The proceedings highlight the substantial financial gains being made by lawyers involved in the litigation, described as a “goldmine” for the legal profession.
(Source：Australian Financial Review)