secwatch.observer — SEC 8-K summary
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Issuer:     NL INDUSTRIES INC (NL)
CIK:        0000072162
Form:       8-K
Filed at:   2024-09-05T23:59:59+00:00
Accession:  0000072162-24-000031
Event type: litigation
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

NL Industries to pay $56.1M in Raritan Bay Slag Superfund settlement
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- NL agreed to pay $56.1M plus interest as part of a $151.1M global CERCLA/NJ Spill Act settlement for the Raritan Bay Slag Superfund Site.
- Structured payment: $35M due 7 business days after court approval, then two $10.55M payments at 6 and 12 months.
- NL expects to recover $9.57M from 22 other settling private companies.
- All monetary obligations previously accrued; settlement contingent on judicial approval after public comment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72162/000007216224000031/0000072162-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72162/000007216224000031/nl-20240904x8k.htm
  HTML page:      https://secwatch.observer/filing/0000072162-24-000031

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