Syngenta, Plaintiffs reach settlement in corn traits launch litigation

Syngenta, Plaintiffs reach settlement in corn traits launch litigation

5:06 AM, 27th September 2017
Syngenta logo

WASHINGTON, US: Plaintiffs and offenders in the Syngenta MIR 162 corn litigation have reached a pending settlement to resolve litigation concerning the launch of Syngenta’s Agrisure Viptera and Agrisure Duracade corn traits.

The settlement, which is subject to court approval, would establish a settlement fund for the submission of claims by eligible claimants who contracted to price corn or corn by-products after September 15, 2013.  Information concerning the settlement fund, claims process, and other details will become available after the parties execute and submit the proposed settlement agreement and other papers to the court later this year.

The proposed settlement would allow both sides to avoid the uncertainty of ongoing litigation. The settlement does not constitute an admission by either side concerning the merits of the parties’ allegations and defences.

© Worldofchemicals News 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


CB&I bags Phillips 66 storage terminal expansion contract in Texas

THE WOODLANDS, US: Chicago Bridge & Iron Company (CB&I) has been awarded a contract by Phillips 66 Company to increase storage capacity at Phi ...

Read more
Sabic unveils new Lexan resins for LED automotive lighting

SITTARD, THE NETHERLANDS: Sabic said that it is introducing new materials for customers producing LED automotive lighting parts. Lexan HF4010SR resin ...

Read more
TechnipFMC announces $500 mn share repurchase program

LONDON, UK/ PARIS, FRANCE/ HOUSTON, US: TechnipFMC plc (FTI) announced the implementation of a share repurchase program on the New York Stock Exchange ...

Read more
Cargill, Faccenda to establish 50-50 poultry JV in UK

LONDON, UK: Cargill and Faccenda Foods have agreed to establish a joint venture to create a leading UK food company focused on chicken, turkey and duc ...

Read more
AGC to expand production capacity at CMC Biologics Denmark facility

TOKYO, JAPAN: AGC Asahi Glass (AGC) has decided to increase its capacity at CMC Biologics, a 100 percent subsidiary of AGC. Specifically, five single- ...

Read more
Indian Oil approves INR 27K cr Cauvery Basin refinery project

NEW DELHI, INDIA: Indian Oil Corp (IOC) said that its board has given approval to setting up of a Rs 27,460 crore refinery by its subsidiary, Chennai ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X