Together with his son, he owned a shop where they sold wheels, automobiles, motor bikes, and even lawn mowers, and also performed mechanical repairs.
The retirement reality is that only 69 percent of workers feel that they and/or their spouse have saved enough money for retirement.
According to the latest Retirement Confidence Survey from the Employee Benefit Research Institute and Mathew Greenwald & Associates, only about 6 out of 10 workers and/or their spouses have saved anything for retirement.
The owner of the factory, UCIL, was majority owned by UCC, with Indian Government-controlled banks and the Indian public holding a 49.1 percent stake.
In 1989, UCC paid $470 million ($907 million in 2014 dollars) to settle litigation stemming from the disaster.
It occurred on the night of 2–3 December 1984 at the Union Carbide India Limited (UCIL) pesticide plant in Bhopal, Madhya Pradesh.
Over 500,000 people were exposed to methyl isocyanate (MIC) gas and other chemicals.
Retirement can be a very challenging season of life for anyone who fails to save.
Without enough of a retirement nest egg, you could find yourself saying "so long" to your dream retirement and hello to an extended working career.
The group’s core competencies include corporate reorganization, in- and out-of-court restructurings and insolvencies, debtor-creditor relationships, and bankruptcy, including litigating issues related to all of the above in bankruptcy court and in state court.
The group’s collective experience on both the debtor and creditor side allows us to understand all sides of a problem or opportunity and to structure creative, informed, and practical solutions to protect and advance our clients’ interests.
Dow Chemical Company purchased UCC in 2001, seventeen years after the disaster.