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8 Mar 2006

Ronnie Morris, Business Report [South Africa]

Asbestos attorney secures Swiss payout [South Africa]

A settlement has been reached between a South African attorney [Richard Spoor] and Becon, a Swiss company, over compensation to people who became ill as a result of exposure to asbestos dust and fibres in Danielskuil and Kuruman in the Northern Cape… It would cover several thousand people who did not qualify for compensation from settlements reached with Cape plc, a British multinational, in March 2003... The size of the grants payable to qualifying applicants would take into account loss of earnings, pain and suffering and medical costs incurred or likely to be incurred by the victim.