Analysis - Durban residents have filed papers in the high court seeking substantial financial damages against India's UPL agrochemical giant, just hours before the legal gun of prescription threatened to wipe out their rights to seek justice in the courts.
Durban residents have filed papers in the high court seeking substantial financial damages against India's UPL agrochemical giant, just hours before the legal gun of prescription threatened to wipe out their rights to seek justice in the courts.
However, it is understood that the applicants are aiming for a final damages or settlement tab of anywhere between R500-million and R1.5-billion from UPL, which has confirmed that it will oppose the court application. These preliminary estimates appear very unlikely, however, unless a substantially larger number of claimants come forward to join the case.
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