ARTICLE
27 July 2021

Du Pont Settles Delaware PFAS Contamination Liability Claims For $50 Million

CO
Cozen O'Connor

Contributor

Founded in 1970, Cozen O’Connor has more than 925 attorneys practicing internationally in 32 cities across North America and Europe. We are a full-service firm with award-winning practices in litigation, business law, and government relations, and our attorneys have experience operating in all sectors of the economy. Our diverse client list includes global Fortune 500 companies, middle-market firms poised for growth, ambitious startups, and high-profile individuals.

Delaware AG Kathy Jennings reached a settlement with chemical company E.I. du Pont de Nemours and Company and its legacy companies (collectively "du Pont")...
United States Delaware Environment
Cozen O'Connor are most popular:
  • within Tax, Immigration and Insurance topic(s)
  • with readers working within the Insurance and Retail & Leisure industries
  • Delaware AG Kathy Jennings reached a settlement with chemical company E.I. du Pont de Nemours and Company and its legacy companies (collectively "du Pont") to resolve allegations that du Pont's historic activities caused environmental damage and contamination with per- and polyfluoroalkyl chemicals ("PFAS"), which are associated with increased risk of cancer.
  • PFAS chemicals, also known as "forever chemicals" because they are resistant to environmental degradation, are used in a variety of products, including firefighting foam and water-repellent fabric, and one such chemical is a key component of du Pont's proprietary product, Teflon".
  • Under the terms of the settlement agreement, du Pont will pay $50 million to the state, with an additional potential payment of up to $25 million should du Pont settle similar claims with other states for more than $50 million. The funds will be used for environmental restoration, improvement, and monitoring as well as for community environmental justice and equity grants and other natural resource projects. The Delaware settlement is the first to be reached under the binding $4 billion memorandum of understanding that du Pont signed in January 2021 for a global resolution of its PFAS liability.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

[View Source]
See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More