IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
THE CHEMOURS COMPANY, )
)
Plaintiff, )
)
v. ) C.A. No. 2019-0351-SG
)
DOWDUPONT INC; CORTEVA; AND )
E.I. DU PONT DE NEMOURS AND )
COMPANY, )
Defendant.
ORDER
AND NOW, this 19th day of December, 2019,
The Court having considered the Plaintiff’s Motion to Temporarily Stay
Arbitration, IT IS HEREBY ORDERED that:
(1) This Action is involves a dispute over issues arising from the spin-off of
The Chemours Company from E.I. du Pont de Nemours and Company—the matter
is currently before me on the Defendants’ Motion to Dismiss for lack of Subject
Matter Jurisdiction in favor of an arbitration proceeding currently underway with
the American Arbitration Association (the “Arbitration”);
(2) The Plaintiff has opposed the Defendants’ Motion to Dismiss on the
grounds that the arbitration provisions in the parties’ Separation Agreement are
unenforceable;
(3) If the Plaintiff is correct, then to allow the Arbitration to proceed would
force the Plaintiff to submit to an arbitration absent a contractual obligation to do
so, which, I find to be irreparable harm;
(4) The balance of the harms favors the Plaintiff, as the only prejudice to the
Defendants is a delay in the Arbitration;
(5) During the pendency of this Action, I have jurisdiction to act in the
interests of equity;
(6) The Plaintiff’s Motion to Temporarily Stay Arbitration is granted.
SO ORDERED:
/s/ Sam Glasscock III
Vice Chancellor