Asbestos ruling supports payouts
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A move by insurers to stop compensating people with a condition showing asbestos exposure fails.
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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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South African regulators ruled Monday in favor of Harmony Gold Mining Co. Ltd. in the first of a series of legal and regulatory challenges to its hostile &#36;7.1 billion takeover bid for rival mining company Gold Fields Ltd.
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By James Hagengruber, The Spokesman-Review, Spokane, Wash.  Jan. 30--LIBBY, Mont. -- After finishing a shift at the vermiculite mine, Les Skramstad would come home covered in the white dust of asbestos.   He'd find the dust in deep recesses of his wallet.
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The winner of a $315 million lottery jackpot has been ordered to honor a settlement he reached with a racetrack worker who accused him of assaulting her.
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LONDON (CBS.MW) -- Gold Fields (GFI) said Friday it welcomed a decision by a South African appeals court that Harmony Gold Mining (HMY) cannot exercise any voting rights from Gold Fields shares it may acquire from its early settlement offer until
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A federal appeals court has rejected a $1.2 billion asbestos settlement plan for ABB Ltd., a setback for restructuring efforts by the Swiss-Swedish engineering company.
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TONY JONES: Unions and asbestos victims have accused the James Hardie Board of protecting the chief architects of its underfunded compensation trust.
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Several major corporations, including one forced into bankruptcy because of asbestos litigation, are opposing a plan by congressional Republicans that would ban asbestos liability lawsuits in exchange for a multibillion-dollar compensation fund.
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The ruling means World Trade Center leaseholder Larry Silverstein can collect up to $4.6-billion from nine insurers. By Associated Press.
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Senate Judiciary Committee Chairman Arlen Specter said on Wednesday he was proposing a &#36;140 billion trust fund to compensate asbestos victims.
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Senate Judiciary Committee Chairman  Arlen Specter said on Wednesday he was proposing a $140 billion  fund to compensate asbestos victims and cap the liability of  companies paying them damages.
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The chairman of the Senate Judiciary Committee said Wednesday he would push ahead next week with legislation that would set up a &#36;140 billion trust fund to compensative people sickened by exposed to asbestos.
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Australian building products company James Hardie Industries NV broke the Corporations Law in February 2001 when it announced its fund to compensate asbestos disease sufferers was &quot;fully funded,&quot; a special inquiry has found.
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A High Court judge rules that Zambia must pay a substantial sum to a so-called "vulture fund".
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Building products company James Hardie announced it had approved a multi-billion dollar deal to compensate victims of deadly diseases contracted from exposure to its asbestos products.
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NEW YORK, Aug 18  - Insurer St. Paul Travelers Companies (STA.N: Quote, Profile, Research) on Wednesday said a bankruptcy court approved a $502.5 million asbestos settlement for all pending asbestos court actions against its Travelers Property ...