Hints and tips:
...What’s in it for companies Companies have used the bankruptcy process to manage large tort liabilities in the US since the early 1980s, when insulation manufacturer Johns Manville Corporation filed for...
...The fund also called for a “renewed push” to complete the long-stalled Banking Union project....
...The International Finance Corporation has tried to tighten standards for impact investing with disclosures, but not all of the funds that signed up have published their measurements....
..., “to prevent further reputational damage to London’s financial markets from this rogue corporation”....
...Dr Taub is said to have been seeking money to fund a research centre; Mr Silver enjoyed access to a health fund that could make it happen, plus a lawyer’s grasp of the fortune to be made from chasing compensation...
...satellite accounts to track health spending by disease....
...Meanwhile, the tax authorities are pursuing a major probe of CJ Group, another leading corporation, and raided its chairman’s home two weeks ago....
...The need for an Elib-type fund has been discussed for years, particularly in relation to longer-term diseases that may take some time to emerge, such as those related to asbestos exposure....
...The legal environment proved perfect for law suits brought by asbestos victims, allowing them to sue major and minor US corporations for millions in compensation for their illnesses....
...There has been an unwillingness to commit funds to crops that might then be rejected by the developed world....
...At one stage the dispute involving the government and the Australian tax office following a disagreement over whether the compensation fund could qualify as a tax concession charity, which would exempt...
...James Hardie is awaiting the ruling from the Australian Tax Office on the tax deductability of the compensation payouts before the funds can be paid to sufferers....
...Asbestos campaigners claim that 45,000 Australians could be affected by the disease by 2021 and believe that many will claim against James Hardie, which started using asbestos in its products in the 1920s...
...The US asbestos compensation fund is expected to come back onto the agenda when Congress returns next month....
...(In Leica’s case, the allegations were never proven. Nevertheless, in 1999 the German government and more than 100 German companies, including Leica, agreed to a compensation fund totalling $7.5bn.)...
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