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Chemours Sues DowDupont Over Spinoff to Assume Liabilities

May 14, 2019, 3:02 PM

Chemours Co., a spinoff of DuPont created with some of its business lines and liabilities, has sued its former parent in a confidential filing in Delaware Chancery court.

The complaint is listed as “confidential,” but supplemental documents filed publicly show the 2015 separation agreement creating Chemours is at issue, and that the case is “seeking substantial relief relating to a spinoff transaction.” It also names Corteva, DowDupont Inc.’s agricultural unit.

David Rosen, a Chemours spokesman, confirmed in an email that the suit is over the company’s 2015 spinoff.

Chemours and DowDuPont, both based in Wilmington, Del., have been sued over ...

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