BHP 0.94% $43.58 bhp group limited

BHP-Vale Spill Compensation Accord Ratified by Brazil Court, page-12

  1. 407 Posts.
    http://www.bloomberg.com/news/artic...fies-samarco-accord-attorney-general-s-office

    "“I don’t think the prosecutors will just give up because of this, but it certainly gives the courts yet another element to throw out the new demands,” said Rafael Elias, the New York-based head of research at Cantor Fitzgerald."

    "S&P Global Ratings said in a note that its ratings of Vale, BHP and Samarco “are not immediately affected by the civil suit filed against them.”

    So it's good news, but there is still a shadow hanging over them. Even the silliest claims have to be defended in Court.
 
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