The World - News from Nov. 28, 1986
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Union Carbide Corp. made a conditional offer to maintain $3 billion in assets in India to cover damages stemming from the Bhopal industrial disaster, the world’s worst, in which 2,347 people were killed and 500,000 filed claims. Carbide attorney Fali Nariman told a District Court in Bhopal that the offer was conditional on the lifting of a temporary freeze on sale of the firm’s assets. India has claimed that Carbide has been selling off assets to reduce the amount it might have to pay to settle claims stemming from the 1984 toxic gas leak.
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