Dow Chemical: Liable for Bhopal?
For nearly a quarter century, the name Bhopal has been synonymous with the dangers of industrialization. In the wee hours of Dec. 3, 1984, a toxic gas leaked from a pesticide plant in the central Indian city of Bhopal…. Today, Bhopal is also coming to mean endless litigation. Although a civil case on compensation for victims was settled 19 years ago, Indian courts have yet to rule on several other issues involving Bhopal…. Seven years ago, Dow bought what was left of Union Carbide, the company that owned the Bhopal plant…. Even if Dow never has to pay any damages, Bhopal has become a thorny public-relations issue for the company. [also refers to TIAA-CREF, New York City Pension Funds, Tata Group]