The Delaware Supreme Court, in The Chemours Co. v. DowDuPont, Inc., et al., No. 147, 2020, order (Del. Dec. 15, 2020), affirmed the Court of Chancery’s rulings in The Chemours Co. v. DowDuPont, Inc., et al., C.A. No. 2019-0351-SG, memo. op. (Del. Ch. Mar. 30, 2020), dismissing plaintiff former subsidiary’s claims against defendant former parent for declaratory relief and damages under a separation agreement that governed defendants’ spinoff of plaintiff.
NEW: US News discusses the decision in Court Upholds Dismissal of Chemours Lawsuit Against DuPont.
$$$ Law360 discusses the decision in Del. Justices Affirm Chemours-DuPont Arbitration Ruling.