Miner BHP potentially faces $44 bln bill in Brazil dam case

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Miner BHP potentially faces $44 bln bill in Brazil dam case
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Mining group BHP Group is potentially facing a 36 billion pound ($44 billion) lawsuit in London over Brazil's worst environmental disaster after the number of claimants more than tripled to 700,000, their lawyers said on Wednesday.

BHP has said the London lawsuit duplicates legal proceedings and reparation and repair programmes in Brazil. BHP did not immediately respond to a request for comment on Wednesday.The lawsuit, one of the largest in English legal history, was thrown out in 2020 before the Court of Appealin July that it could proceed. BHP has applied to the Supreme Court to overturn that decision and its application is pending.

Lawyers representing the claimants said on Wednesday that the number of claimants had increased to more than 700,000, pushing the potential bill if the claimants were successful to $44 billion, including interest. Tom Goodhead, CEO of law firm Pogust Goodhead, which is representing the claimants, said in a statement: "By failing to enter into a negotiated settlement of these proceedings in 2018 after they were brought, as well as failing to pay adequate compensation in Brazil, the number of claimants has more than tripled to over 700,000."Our Standards:

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