Mining giant BHP has agreed to settle a US class action claim relating to the Samarco dam failure of 2015, which triggered Brazil’s worst environmental disaster, and agreed to pay the plaintiffs $US50 million ($67.3 million).
The agreement comes with no admission of liability. It remains subject to approval by a US court. Melbourne-based lawyers acting for BHP investors in an Australian class action against the miner over the dam failure are watching the US legal developments with interest.
Brett Spiegel, a lawyer for the Melbourne-based law firm Phi, Finney, McDonald which filed the Australian class action in May in the Federal Court, welcomed the news from the US. Continue Reading →