In this Jan. 27, 2019 photo, rescue workers in a helicopter search a flooded area after a dam collapsed in Brumadinho, Brazil. Brazilian mining giant Vale has signed a $7 billion settlement deal. AP Photo/Andre Penner 3 Brazilian Law Firms Guide Mining Giant Vale to $7B Settlement
The deal for social and environmental reparations after a 2019 accident appears to be the largest mediation agreement ever reached in Latin America.
February 08, 2021 at 03:57 PM
3 minute read
Three Brazilian law firms guided mining giant Vale to a $7 billion settlement with authorities in the Brazilian state of Minas Gerais, marking what appears to be the largest mediation agreement to date in Latin America.
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