PGMBM Law, previously known as Pogust Goodhead, is defending its position in a high-stakes legal battle involving two private credit investors. The case centers around the 2015 Fundão dam collapse in Brazil, which impacted over 600,000 people. The firm is representing victims against BHP Group Ltd and Vale SA in a UK court. North Wall Capital, a private credit firm, is backing a competing legal team aiming to replace PGMBM. The dispute highlights the intense competition for representation in large-scale litigation, with significant financial and reputational stakes for all parties involved.
October 12, 2026
Gramercy-Funded Firm Stands in $36B Lawsuit Battle
A Gramercy-backed law firm is fighting to stay in a $36 billion lawsuit over a Brazilian dam disaster.
Impact
The legal battle underscores the high stakes of representing victims in major corporate litigation, with implications for both the legal and financial markets.