UPDATE: James Hardie Under Fire Over Asbestos Shortfall
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SYDNEY (Dow Jones)--Australian building materials group James Hardie Industries NV (JHX) came under fire Wednesday from disgruntled shareholders and union groups
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Business & money: Â· Miners also accused of exaggerating reserves   Â· Fears of renewed Kremlin attack on resources sector
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WR Grace &amp; Co., which filed for bankruptcy in 2001 because of thousands of asbestos-related claims, said it may be indicted in a probe of environmental violations and obstruction of government proceedings at a Montana mine.
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Australian building products firm James Hardie Industries NV faces possible charges after a government inquiry found it broke the law when it said in 2001 it had enough money in a fund to compensate thousands of asbestos victims.
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By Bloomberg News. WR Grace &amp; Company, a producer of chemicals and building material that filed for bankruptcy protection in 2001 amid thousands of asbestos-related claims, said yesterday
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ASBESTOS-RELATED boycotts of James Hardie products have forced the controversial building products maker to slash its profit forecast.
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A compensation fund for Australian asbestos victims of embattled James Hardie Industries NV said it was filing for liquidation, rejecting a last-minute multi-million dollar cash injection.
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A vehicle created by international building products group James Hardie Industries to deal with asbestos-related litigation yesterday moved to appoint a provisional liquidator
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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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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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KERRY O&#39;BRIEN: And what was left of James Hardie&#39;s reputation as a corporate citizen was shredded today after an inquiry into the former asbestos manufacturer found that the company and its senior executives had indulged in deceptive and misleading
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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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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 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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Shares in James Hardie Industries NV rallied on news that two key executives will stand aside, rather than resign, over the company&#39;s underfunding of asbestos compensation.
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James Hardie Industries NV said Chief Executive Officer Peter Macdonald will stand aside during a probe by Australia&#39;s securities regulator into allegations he misled investors about