BASF, Cahill Pay $73M To Settle Claims They Hid Asbestos

By Matthew Santoni (July 23, 2020, 8:45 PM EDT) -- BASF and its former counsel at Cahill Gordon & Reindel LLP have reached a proposed $73 million settlement over claims they concealed that industrial and commercial talc from a Vermont mine may contain asbestos, according to a motion for preliminary approval filed Thursday in New Jersey federal court.

The settlement will allow as many as 20,000 plaintiffs who had sued BASF or its predecessor, Englehard Corp., to seek between $500 and $175,000 from the settlement fund depending on the outcome of their earlier cases and the severity of their or their decedents' injuries, while ending nearly a decade of litigation over...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only

Law Firms


Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!