07
Aug
21:00
UK court rejects Vale Samarco case jurisdiction contest
A London Business and Property Court has rejected Vale’s request contesting the competence of the English Court's jurisdiction over Vale after BHP filed a contribution claim against Vale in the Samarco dam disaster case.
Last December, BHP requested that Vale share liability if the Australian-headquartered miner loses a class action lawsuit in England over the Samarco dam disaster (see Kallanish passim). BHP, Samarco co-owner with Vale, received an estim…
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Anonymous
Very good overview of the weekly steel market.
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