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 a chemical linked to cancer and used for years in manufacturing DuPont’s Teflon. Under the separation agreement, Chemours is supposed to indemnify DuPont for any liability, though it has at times said DuPont is liable for some judgments Dan Turner of DuPont declined to comment.
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