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NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2021 AT $.06 PER SHARE

NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2021 AT $.06 PER SHARE
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Metal Co. Wants Out Of Calif. $136M Toxic Cleanup Suit


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Metal Co. Wants Out Of Calif. $136M Toxic Cleanup Suit
Law360 (April 22, 2021, 7:35 PM EDT) Lead company NL Industries Inc. urged a California federal court Thursday to let it out of a suit from state officials seeking over $136 million from several companies for cleanup of a former battery recycling facility, arguing it bears no blame for the current state of the property.
In its motion to dismiss, NL Industries told the court that it s been decades since it sold off the property in Vernon, California, that later housed Exide Holdings Inc. s battery recycling facility, and that the state Department of Toxic Substances Control is wrongfully coming after it for funds due to its own mismanagement . ....

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New York Supreme Court Allows Paint Company to Pursue Coverage for $102M Lead Paint Settlement | Carlton Fields


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Certain Underwriters at Lloyd’s, London v. NL Industries Inc., a New York Supreme Court recently ruled that paint maker NL Industries Inc. may seek insurance coverage for its almost $102 million share of a settlement, stemming from a suit over the negative impact of the use of its lead-based paint in California homes and buildings.
A Case 20 Years in the Making
The underlying suit was first filed in 2000 by certain California counties that sought to hold a number of gasoline, paint, and chemical companies responsible for what they called a “massive public health crisis” caused by lead in California homes and public buildings. Among the named companies were NL Industries, Conagra, and Sherwin-Williams. ....

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