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Syngenta Settlement

The settlement terms have now been finalized and presented to the Judge for approval. If approved, the $1.51 Billion settlement will be disbursed amongst corn farmers through a claims process open to farmers who sold corn during the 2013-14 through 2017-18 marketing years. On April 5, 2018, the Court will hold a hearing to determine whether the settlement should be preliminarily approved and notice should be sent to all corn farmers telling them how to submit claims. If the Court preliminarily approves the settlement, there will then be a 5-month period for corn farmers to submit claims. We will be reaching out to all of our clients soon to begin the process of collecting the information needed to submit claims. Because the per-bushel recovery is dependent upon how many corn farmers file claims (among other factors), we will not know what the final per-bushel number will be until the claims period has ended.

Categories: Syngenta Litigation

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