header-logo header-logo

25 September 2009
Issue: 7386 / Categories: Legal News , Environment
printer mail-detail

Oil trade goodwill settlement

Toxic “slops” company reaches compensation agreement with solicitors

London-based oil traders Trafigura have agreed to pay £30m in compensation to victims of toxic “slops” that were dumped in an area of the Ivory Cost in August 2006, as an act of goodwill.

The chemical waste, a mixture of gasoline residue and caustic soda produced as a result of refining dirty fuel, was generated by Trafiguara before being transported to the Ivory Coast.

The disposal of the waste was then sub-contracted to a local firm, Companie Tommy. The waste was then dumped at 15 locations in the vicinity of Abidjan, the country’s largest city.

The company has maintained that it was not responsible for dumping the waste because it was carried out by Compagnie Tommy.
In a joint statement issued after the settlement—which amounts to roughly £950 for each of the 30,000 people affected by the waste—Trafigura’s director, Eric de Turckheim, said the company was “completely vindicated”. “While we certainly do not accept legal liability, Trafigura regrets the Probo Koala incident and, in particular, the distress

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Penningtons Manches Cooper—Jean-François Le Gal

Penningtons Manches Cooper—Jean-François Le Gal

Penningtons Manches Cooper strengthens international disputes team with appointment of leading arbitration partner

Shakespeare Martineau—Aaron Sanders & Kate Saunders

Shakespeare Martineau—Aaron Sanders & Kate Saunders

Shakespeare Martineau strengthens trust and estates disputes team with new appointments

Bellevue Law—Shannon Moore

Bellevue Law—Shannon Moore

Bellevue Law strengthens employment disputes and international advisory capability with senior associate appointment

NEWS
A divorced woman has secured funding to participate in her former husband’s inquest after the Legal Aid Agency reconsidered repeated refusals
More than 500 former rugby players can pursue brain injury claims despite serious failures to disclose documents ordered by the High Court
Developers in areas with poorly performing councils can apply directly to the Planning Inspectorate for permission under section 62A of the Town and Country Planning Act 1990
When does a solicitor’s retainer become a contentious business agreement? The Court of Appeal’s decision in Broadfield Law UK LLP v Barnes shows that listing hourly rates alone will not do, leaving firms and clients uncertain about their rights over bills
MPs cannot simply resign their Commons seats. Instead, they take a nominal Crown office, usually the Chiltern Hundreds or Manor of Northstead, which disqualifies them from sitting
back-to-top-scroll