Canadian Court Orders Nova Chemicals to Pay Dow CAD$1.43 Billion Judgment
September 23, 2019
September 23, 2019
MIDLAND, Michigan, Sept. 23 -- Dow Chemical issued the following news release:
The Court of the Queen's Bench in Alberta, Canada, has signed a judgment ordering Nova Chemicals to pay Dow (NYSE: DOW) CAD$1.43 billion (equivalent to approximately USD$1.08 billion) on October 11, 2019, for damages Dow incurred through 2012 related to the companies' jointly-owned ethylene asset in Joffre, Alberta, Canada.
The court, which initially ruled in June 2018, found that N . . .
The Court of the Queen's Bench in Alberta, Canada, has signed a judgment ordering Nova Chemicals to pay Dow (NYSE: DOW) CAD$1.43 billion (equivalent to approximately USD$1.08 billion) on October 11, 2019, for damages Dow incurred through 2012 related to the companies' jointly-owned ethylene asset in Joffre, Alberta, Canada.
The court, which initially ruled in June 2018, found that N . . .