Union Carbide and Bhopal

Article Abstract:

The accident at the Union Carbide plant in Bhopal, India cost the lives of 2,000 people. After reassuring Wall Street that it was in control of the situation in India, Union Carbide attempted to minimize its involvement in the accident by declaring that it owned 50.9 percent of the plant and that all the employees were Indian. The greatest problem to be faced by Union Carbide is the liability lawsuits that will be filed by the Indian government and relatives of the victims. There are precedents both in the U.S. and in India of the largesse of judges in awarding damages in cases like this.

Bhopal Union Carbide Plant Disaster, Bhopal, India, 1984

---

The clever way to compete

Article Abstract:

Competitive strategy is possibly the most important issue for a large corporation involved in an endless acquisition program. To remain competitive, executives must choose between cost leadership or a high-quality premium-price product. In both cases, savings must be generated at every step of the productive process. Sustaining a competitive advantage also requires choosing the appropriate technology and the continuous generation of new products.

Methods, Business success

---

Bhopal: update on the legal case

Article Abstract:

The Bhopal accident has been litigated both in the U.S. and in India. In May 1986, a U.S. federal judge decided that any claims against Union Carbide must be settled in Indian courts. The Government of India has passed a law to give itself the sole representation of the Bhopal victims. India wants a $1 billion settlement but Union Carbide offers only $350 million. A total of 495,000 people have filled claims against Union Carbide India Ltd.

United States, Legal liability, Liability (law)

Similar abstracts:

• Abstracts: Tintin and the intellectuals. Rout of the 68ers: French intellectuals
• Abstracts: Benefits and beggars. Six years at the Review. Asian entrepreneurs from High Street to Park Lane
• Abstracts: Revamping organization to handle international growth. Searching the organization for the cross-cultural operators
• Abstracts: Poking and prodding Japanese managers into better performance. Looking past the fads: how to get back to basics
• Abstracts: International investment patterns. Offshore funds survive the UK Chancellor's attack. Ghana's new investment code

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.