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

EIP—Stuart Malcolm

EIP—Stuart Malcolm

EIP strengthens Commercial practice with a new partner

Ellisons—Francesca Brown

Ellisons—Francesca Brown

Ellisons welcomes Francesca Brown to Family team

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau strengthens Sheffield regulatory practice with new hires

NEWS
A wide-ranging Civil Way column highlights developments from insolvency procedure to employment law, but one case stands out for its lessons on bankruptcy, family homes and digital communications
A sprawling Intellectual Property Office battle between House of Fraser and Frasers Property has delivered a masterclass in modern trade mark law
Courts in England and Wales and Singapore are increasingly confronting complex disputes over international child relocation as families become more globally mobile
The government’s long-awaited family law reform consultation could mark a turning point for domestic abuse victims navigating financial remedy proceedings, but significant challenges remain
A new commercial court pilot giving the public access to documents used in hearings, including expert reports, is raising difficult questions about transparency and privacy
back-to-top-scroll