AFFF MDL PLANTIFFS' EXECUTIVE COMMITTEE LEADERSHIP STRIKES $316.5M DEAL WITH BASF FOR SAFER WATER

While BASF Corporation remains firm in its denial of wrongdoing or liability, the agreement to fund such a substantial settlement illustrates a strategic decision to resolve complex environmental challenges. BASF is the successor-in-interest to Ciba Corp., who manufactured, designed, sold, supplied, and distributed the fluorochemical surfactant Lodyne. This significant commitment to finance these efforts is essential in aiding public water systems and enhancing community health across the nation. Pending fi ...