Corteva, Inc. (NYSE: CTVA) issued a statement rejecting efforts by multiple state attorneys general to block its planned separation into two independent companies, according to a press release dated Sept. 14, 2026.

The attorneys general, led by California, are seeking to halt the separation citing alleged PFAS-related liabilities. Corteva said the states have no judgments against the company and no trials scheduled related to PFAS liability. The company also stated that in its seven-year history it has never manufactured, sold, or traded PFOA or PFOS products.

The planned separation would create two companies, with one retaining the Corteva name and focusing on crop protection, and the other, identified as Vylor, operating separately. Corteva said its balance sheet would be sufficient to cover any potential liabilities it might face.

Chief Legal Officer Jennifer Johnson attributed the separation to differing business models between the two units. "Our planned separation is an acknowledgement that our two businesses have different business models and will better deliver for farmers separately than they do together," Johnson said. "Corteva neither has nor has demonstrated any intent to hinder, delay, or defraud our creditors."

Johnson also characterized the legal challenge as unusual in scope. "States are seeking extraordinary and, we believe, unprecedented relief, and in doing so, they are asking the court to supplant the judgment of our Board of Directors as well as our senior management team," she said.

Corteva said it intends to defend the separation in court.