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In his first days as a lawyer, Tom Goodhead learned the trade through uninterrupted personal injury cases, and in one instance, a person who had read a pub in Tumble -in.
He is responsible today for the biggest case of British legal history: against a £ 36 billion class action against BHP in Australia The disaster of the miningThe
Large money is supported by investors, its firm Pogast Goodhead About 640,000 victims of the Mariana Dam collapse of the 21st have brought a case in London, killing 19, thousands of displaced and widespread environmental damage.
Expected a judgment before summer, after the recent conclusion a 12-week civil trial In the High Court.
“This is probably the largest class action so far in the English Court,” Goodhead said. It was for the families of the victims to say “to accountability of the world’s largest excavating company”.
“We have riding a lot of it in it,” he said.
It includes the reputation of his young case litigation boutique, which has been promised for bumper salary in winning, but has reported that £ 52 million operating losses in his recent accounts.
In an additional 2022 financial statement published this week, the turnover showed $ 53 million in the turnover, flagging an “material uncertain” over whether the farm auditors could continue to be ongoing concern because of its funding need. Goodhead said that the loss of 2022 was “completely worrying” because the firm has grown more like “Silicon Valley Start-up” by the Law Agency “, adding that it has” unmatched support “of its ND donors.
Pogast Goodhead, which experts in consumer protection and environmental fields, earlier calculated the Mariana damages as $ 36 billion, as well as inflation and interest. Under the “No Win, No Fee” Agreement it is charging most of the claimants 20 or 30 percent, who include individuals, businesses and municipalities. This is working for the clients of the indigenous community.
This is a high-stake case for both BHPThe accident where the accident happened was Samarco Iron Ore Complex co-owned, and for the boutique law firm, which was thrown alternatively as the Crusader and the Colon Povabitist sponger.
“The move in London is part of a movement to disgrace the Brazilian justice system and threaten our jurisdiction,” said Rafael Valim, a lawyer for Adhogados in the ward representing the Brazilian mining lobby Ibram. “We stopped being colonized long ago.”
In addition to the ongoing cases from the defective medical implant to the wrong selling car finances, Pogast Goodhead has found a niche in the court, including England, Germany and the Netherlands.
The argument of the BHP case is that the Brazilian court often risks to delay or deny the slowdown justice. A Judge in England participated in the case against the mining worker because BHP was a main organization in London at the time of the incident.
“A trend of recent jurisdiction over the claim of group claims against multinationals in London will continue,” London London Power House Queen Emmanuel Urcheart and Sullivan’s co-operative partner Ted Greeno said, which is not involved in the Mariana case.
“Law companies, big or small, can take advantage of this national shift with the right funds,” he added.
Goodhead was set up in Liverpool in 2018 with Harris Pogust, a US attorney whose jet-set-mansion and jet-set life in the yachts were well documented on Instagram. The garment was the first major success in the data violation case against the British Airways and the Volkswagen Diesel emitation scandal.
The firm, who has about 120 lawyers, has made a 200 million bonus pool and has promised to pay up to $ 2 million for a junior lawyer over three years, it is possible by a model US Hedge Fund GramedThe
$ 450 million funds kept by Gramezeri for BHP case so far the largest so far Finance According to Goodhead, the claimant is for the law firm.
However, according to former employees, high financial rewards come up in high demand. A former former lawyer said that doing well at night was common, he added that the firm had a “toxic culture” and “rivalry among colleagues” was promoted.
Another said that they had left 17 hours a day and burned. The former employee said the firm with which the firm had increased means that some people were promoted to be better than qualification, former employee said.
“Working for seventeen hours and night regularly reflects the reality of suing against the world’s largest companies,” Goodhead said.
He also added: “I admit that our time is cruel, but the stress associated with this nature is not for the fool’s heart. But it is ridiculous that I promoted those who preach them to me. I promot the almighty in the brightest and best those who promote the almighty in the winning. If it creates competition or competition.”
The Goodhead BHP took the case three years after the destructive burst of a tailings dam at the Samarco mine near Mariana. As a result, the disaster has been ranked among the worst environmental disasters in Brazil.
BHP and Brazilian miner vale, which jointly controls Samarco, argues that the case is not in the interest of the victims and they are no longer needed after new signature $ 23bn settlement Last year with government authorities, their compensation bill was taken to about $ 30 billion.
Opposing the Goodhead that the new agreement was inadequate, noted that BHP said that only 5 percent of London claimants would be eligible for compensation.
“We started the case in 2018 because the companies were doing nothing,” he said. “My clients don’t even believe a word they say they say.”
The BHP case has given birth to a host of other cases for the Law Farm produced in Brazil.
Its caseload includes residents Forced to leave their homes In a submerged city and citrus producers who claim that they have been torn by orange juice magnets.
However, nothing compares to the Mariana case or to win the potential win, where the legal bill of Pogast Goodhead is running $ 250 million north.
The victory of a courtroom will prove to keep the Gramezeri and another supporter-Sao Paulo-based Prisma Capital-Tahl. According to Goodhead, there is insurance to protect the capital of the gramry. Under the case litigation model, those who keep the expenses in front of the expenditure are reduced to any damage.
He called Grameraky investment “a capitalist solution for the negative external of capitalism”.
If the BHP seems to be responsible, the amount of payment will be required to prove the loss of the claimants subject to other trials scheduled for October 2026. Welle has agreed to divide any amount of arrears.
Brazil’s Pushback was not reunited. Opponents have condemned the advancement of advanced money to the city governments that have signed as inappropriate for London’s claim, though Goodhead defended the move. The Brazilian Supreme Court ruled that the municipality could not use any money from last year’s settlement by BHP and Vale to pay the law agency fees.
Goodhead describes a complaint as “malicious and baseless” about the firm to the Brazilian Bar Association.
“This is an ongoing propaganda of law war where they are simply trying to disrespect the case,” he said.
According to Goodhead, Pogast Goodhead recently about 20 percent of employment – about 20 percent of the employees, mainly business service workers – because of the cases that have not yet been settled. However, as there are about five other cases are active, he said that the Mariana verdict is not non -existent.
Goodhead said, “In the end, if we failed it would not finish my firm,” said goodhead. “In terms of reputation, in terms of our financial position, in appointment, in confidence … this is obviously very, very important”.
With the help of the Beatridge Langella in Sao Paulo
