Edition:
India

Dupont, Corteva Statement On The Chemours Company Lawsuit


Saturday, 29 Jun 2019 

June 28 (Reuters) - Corteva Inc ::DUPONT AND CORTEVA STATEMENT ON THE CHEMOURS COMPANY LAWSUIT.CORTEVA INC - HAVE NO REASON TO BELIEVE CHEMOURS IS INSOLVENT OR OTHERWISE UNABLE TO MANAGE LIABILITIES ALLOCATED TO IT IN SEPARATION AGREEMENT.CORTEVA INC - BELIEVE CLAIMS MADE BY CHEMOURS ARE WITHOUT MERIT.CORTEVA - CO, DUPONT ASKED COURT TO DISMISS COMPLAINT IN FAVOR OF ARBITRATION.CORTEVA INC - "PROCESS OF ALLOCATING LIABILITIES TO CHEMOURS WAS CONDUCTED AS PART OF A STANDARD SPINOFF PRACTICE".CORTEVA - LIABILITIES TO CHEMOURS WERE EVALUATED & ASSIGNED WITH HELP OF INDEPENDENT CONSULTANTS & EXPERTS IN CORPORATE VALUATIONS & SOLVENCY ANALYSIS.