DuPont (DD) Gets Favorable Ruling Against Monsanto (MON) in PROaccess Arbitration
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An arbitration panel has ruled in favor of DuPont in a dispute filed by Monsanto in May 2009. In the arbitration, Monsanto alleged that DuPont (NYSE: DD) business Pioneer Hi‑Bred's PROaccess genetics distribution relationships breached Pioneer's Roundup Ready corn and soybean licenses with Monsanto (NYSE: MON).
The arbitrators' ruling denied Monsanto's claims for damages and for injunctive relief. The written decision is confidential.
The arbitrators' ruling denied Monsanto's claims for damages and for injunctive relief. The written decision is confidential.
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