Unions &amp; Asbestos Groups Secure James Hardie Compo Agreement
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The ACTU, Unions NSW and asbestos groups have today signed a Heads of Agreement with former asbestos products manufacturer James Hardie for what is believed to be the largest personal injury settlement in Australia&#39;s history.
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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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Australian building group James Hardie Industries misled the public when it said it had set aside enough money to meet asbestos compensation claims.
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Embattled building products firm James Hardie Industries NV yesterday signed a landmark compensation deal for thousands of Australians battling asbestos-related disease after exposure to its products.
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Alitalia management and unions representing cabin crews agreed to parts of a deal that, if finalised, could allow approval of an overall rescue plan, union sources said.
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FAIRFIELD, Conn. -- General Electric Co. and its two largest labor unions reached tentative agreements yesterday on contracts affecting more than 20,000 employees nationwide, company and union leaders said.
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Unionized workers have reached an agreement with a group representing 14 luxury hotels to end an eight-week lockout, allowing about 4,000 maids, bellhops
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Tentative agreement between Writers Guild of America and studios to be presented to strikers.
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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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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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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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Sydney - The head of James Hardie Industries has resigned with a payout of $6.5 million (R40.8 million) in the aftermath of a scandal over the building products group&#39;s efforts to dodge its liabilities to asbestos victims.
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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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James Hardie Industries has signed a landmark compensation agreement detailing how it will pay asbestos victims a compensation said to be worth over $4 billion over a 40 year period.
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The Australian Council of Trade Unions (ACTU) has called for Prime Minister John Howard to ensure James Hardie fairly compensates asbestos victims.
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ELEANOR HALL: Talks began today between the former asbestos maker James Hardie, the ACTU and asbestos support groups aimed at reaching a deal to compensate thousands of future victims of the company&#39;s products.
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International buildings materials firm James Hardie is caught in a row over a  compensation fund for asbestos victims which faces administration.