$4 Billion PFAS Settlement: Why Downstream Commerce Companies Should Be Wary
Source: https://www.natlawreview.com/, January 26, 2021
On January 22, 2021, a $4 billion PFAS settlement was reached between DuPont de Nemours Inc., Chemours Co., and Corteva, Inc. for environmental liabilities stemming from PFAS pollution. In addition, an $83 million settlement was reached by the same companies with numerous plaintiffs in an Ohio Multi District Litigation (MDL) established to litigate PFAS personal injury claims. At first glance, the numbers seem staggering; however, a closer look reveals that the settlements may in fact be more important as a harbinger of potential litigation against companies completely unrelated to PFAS manufacturing. Read more.