Exide Settles Lead Emissions Dispute With Texas City

Law360, New York (June 8, 2012, 5:56 PM EDT) -- Exide Technologies Inc. and the city of Frisco, Texas, on Thursday reached a definitive settlement resolving disputes over lead emissions from its battery recycling plant, with Exide selling property around the plant to Frisco for $45 million and agreeing to conduct cleanup activities on the site.

Following calls for action from citizen groups and government officials, the city and Exide conflicted over cleanup plans and each threatened to file court action against the other. Thursday's final agreement brings an end to the rancor, with Frisco gaining...
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