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Union Carbide settles Bhopal gas leak suits
Union Carbide Corp agreed to pay India 470 million dollars to settle all civil and criminal actions stemming from the 1984 Bhopal gas leak that killed over 3,300 people. The payment is to be made by March 31, reducing 1988 profits by about 70 million dollars and funded partly by insurance and borrowing. The settlement ends a long court battle, with critics calling it inadequate while officials deem it fair.
MENTIONED IN THIS ARTICLE
Union Carbide Corp
India
Bhopal
Indian Supreme Court
U.S
Carbide
James Wilbur
Smith Barney
Harris Upham & Co
New York
Wilbur
Leslie Ravitz
Salomon Brothers Inc
Ravitz
GAF Corp
Three Mile Island
Love Canal
Chernobyl
Philaél
Nyse Sted
PhilPet
At&t
Rai Reebok
ReyMil
Schimb
Anrich
Sears
SmkBek
BkBost
BnkAm
SwAil
I Baxter
Boeing
Tenaco
Texaco
BriAsca
USX
Conrail
Contel
St DataGn
Pierre R Srmith
Acme
Allied Corporation
Sy Digital
AA Et Alltel
DowCh
duPont
AmerSlup
Acsiv
Big
CPC Inter Inc
Emerson
EngiCp
Exxon
First Bancorp
Bray FdHm Pl
BO Ma Goodrich
Flower
Ford
Ny Nordson
Gmot
BAY
Northern Savings
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Sunrise Medical
Texas Uttlilies
Interco
Woolworth
IBM
Y Kmart
Wwe
LILCO
Columbus
Lion
U.S Marion
Maxus
WSU
Adorla
Davisit
PacTel
Pheipd