DuPont, Chemours Reach $4 Billion Settlement Over PFAS Liability

January 22, 2021
DuPont and its spinoff company The Chemours Company have reached a $4 billion settlement that will pay for potential legacy liabilities for the cleanup of per- and polyfluoroalkyl substances (PFAS), resolving Chemours’ claim that DuPont fraudulently spun off the company and saddled it with excess liability for any contamination. The binding memorandum of understanding, which also involves Corteva -- a spinoff of the agricultural division of DowDuPont -- has DuPont and Corteva together contributing half the $4 billion settlement, with...


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