Sibanye faces $522 million claim over cancelled Brazil mines deal
⚠️ SIBANYE STILLWATER SAYS APPIAN CAPITAL ADVISORY SEEKING UP TO $522 MILLION IN DAMAGES OVER CANCELLED BRAZILIAN MINES DEAL
Aviation firm seeks compensation from Stanbic Bank for freezing its Ksh.9.2B https://t.co/pO4eBziCHP
BHP is set to confront a significant legal challenge in London, facing a claim from 620,000 individuals related to the Mariana dam collapse, which occurred in Brazil in 2015. This lawsuit represents the largest group claim in England, as the claimants seek damages from the Anglo-Australian mining company for the environmental disaster. In a separate case, Sibanye Stillwater is facing a claim of up to $522 million from Appian Capital Advisory concerning a cancelled deal involving Brazilian mines. Additionally, an aviation firm is pursuing compensation from Stanbic Bank for freezing its funds amounting to Ksh. 9.2 billion.