US states filed fraud lawsuit over Corteva’s Vylor spinoff
The states say Corteva moved its seed business to Vylor to shield assets from PFAS creditors while leaving behind tens of billions in liabilities.
7 Articles
7 Articles
US states challenge Corteva spinoff as bid to evade PFAS liabilities
16 states sue Corteva, Vylor over alleged PFAS liability transfer
Sixteen states have filed a lawsuit against Corteva’s seed and genetics spinoff company, Vylor. Filed in a Marion County, Indiana state court, the lawsuit claims Corteva illegally transferred billions of dollars in assets to Vylor while leaving behind potential PFAS-related liabilities tied to former parent company, DuPont. Corteva was created in 2019 through the merger […] The post 16 states sue Corteva, Vylor over alleged PFAS liability transf…
Dupont transfers assets to avoid responsibility for contaminating groundwater with 'forever' chemicals
Attorney General Nick Brown today joined a bipartisan coalition of 16 attorneys general in a lawsuit against the chemical company historically known as DuPont (now called “EIDP”), its parent company, Corteva, and a newly-created entity called “Vylor,” to prevent attempts to escape financial responsibility for the companies’ role in PFAS contamination.These three companies are maneuvering to put DuPont’s most valuable business assets into the new…
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