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Home > Brazil Files $44 Billion Lawsuit Against Vale, BHP For Dam Spill

Brazil Files $44 Billion Lawsuit Against Vale, BHP For Dam Spill [1]

"Federal prosecutors in Brazil filed a 155 billion-real ($43.5 billion) civil lawsuit on Tuesday against iron miner Samarco and its owners, Vale SA and BHP Billiton, for a collapsed tailings dam in November that killed 19 people and polluted a major river.

The 359-page lawsuit, which is also against the two states affected by the spill and the federal government, is the result of a six-month investigation led by a task force set up after the disaster, prosecutors said in a statement.

The total damages, prosecutors said, were calculated based on the cost of the Deepwater Horizon oil spill in the United States. BP's total pre-tax charge for that spill, in 2010, reached $53.8 billion. "

Stephen Eisenhammer reports for Reuters May 3, 2016. [2]

Disasters [3]
Laws & Regulations [4]
Natural Resources [5]
People & Population [6]
Pollution [7]
South America [8]
Public [9]
Source: Reuters [2], 05/04/2016
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Source URL:https://www.sej.org/headlines/brazil-files-44-billion-lawsuit-against-vale-bhp-dam-spill

Links
[1] https://www.sej.org/headlines/brazil-files-44-billion-lawsuit-against-vale-bhp-dam-spill [2] http://www.reuters.com/article/us-brazil-damburst-prosecutors-idUSKCN0XU2AH [3] https://www.sej.org/category/topics-beat/disaster [4] https://www.sej.org/category/topics-beat/laws [5] https://www.sej.org/category/topics-beat/land [6] https://www.sej.org/category/topics-beat/people-population [7] https://www.sej.org/category/topics-beat/pollution [8] https://www.sej.org/category/region/international/south-america [9] https://www.sej.org/taxonomy/term/81