James Hardie signs asbestos pact with unions
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James Hardie Industries NV , the biggest US home siding maker, said on Tuesday it has signed an initial agreement with unions and asbestos sufferers groups to set up a special purpose fund to support asbestos disease sufferers and their bereaved families.
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JAMES Hardie Industries NV today said it was closer to signing off on a compensation agreement for future asbestos victims. But the building products group has refused to say whether the agreement - potentially
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BOYCOTTS of James Hardie building products over the company&#39;s handling of asbestos liabilities were beginning to hurt sales in Australia, the company said today.
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Halliburton Co., the world&#39;s largest oilfield-services company, said a bankruptcy judge approved a $1.5 billion settlement of asbestos claims between two of its subsidiaries and insurers.
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Postal union leaders agree to a deal aimed at solving a bitter dispute over pay and conditions.
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Two top executives at building products group James Hardie Industries NV have resigned in the wake of a scandal about the company&#39;s treatment of thousands of people poisoned by asbestos that it made.
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Postal union leaders agree a deal aimed at solving a dispute over pay and conditions.
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THOUSANDS of current and future asbestos disease victims could miss out on compensation after the foundation James Hardie Industries set up for the purpose yesterday said it might have to wind up within weeks.
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MORE than 5000 building workers and asbestos victims have rallied outside a general meeting for embattled building products company James Hardie in central Sydney today.
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Australian building products group James Hardie has agreed to pay $1.1bn (Â£568m) to victims of asbestos-related diseases. The landmark deal could see thousands of people suffering from lung diseases - caused
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MORE than 700 asbestos disease victims face reduced payouts in the immediate future after James Hardie&#39;s compensation fund today applied for provisional liquidation.
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The ACTU yesterday accused James Hardie of immoral and disgusting behaviour for allowing funds to compensate victims of asbestos-related diseases to run dangerously low.
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JAMES Hardie chief executive Peter Macdonald will stand aside from his position in the wake of the findings of a special inquiry into the embattled building products company&#39;s asbestos liabilities.
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SYDNEY - James Hardie Industries yesterday agreed to pay A$1.5 billion ($1.6 billion) in compensation to people with asbestos-related diseases.
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Building products maker James Hardie reached a landmark agreement Tuesday to compensate thousands of Australians suffering crippling lung diseases caused by the asbestos it made decades ago.
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Pfizer Inc., the world&#39;s largest drugmaker, agreed to pay $430 million to resolve personal-injury claims against a subsidiary that sold products containing asbestos in the 1970s.
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JAMES Hardie chief Peter Macdonald lied to dying asbestos victims, misled his company and fed untruths to the stock exchange, a six-month inquiry has found.