BASF Americas Corporation News

BASF Case Shows How Liabilities May Emerge Long After Acquisition

When BASF SE acquired Engelhard Corp. nine years ago for $5 billion, executives unknowingly inherited a ticking legal time bomb. It all began decades ago over the seemingly mundane industrial product talc, used in everything from wallboards to handling auto …

N.J. Announces New Captive Insurer; 8 Captives Approved Since 2011

The New Jersey Department of Banking and Insurance announced Wednesday that the department approved Lumerica Insurance Company, a subsidiary of BASF Americas Corporation, to operate as a captive insurer in New Jersey. The Florham Park company’s principal business is to …