Vylor separation faces lawsuit from 15 states, sovereign in Indiana federal court
VYLR•Fifteen states and one sovereign sued Vylor on Oct. 1, 2026, challenging its separation from Corteva. A temporary restraining order limiting asset disposals, dividends and buybacks was stayed pending an appeal; Vylor says it does not plan dividends or buybacks while appellate review is pending.
1. Lawsuit and court order
Fifteen states and one sovereign filed a lawsuit against Vylor in federal court in Indiana on Oct. 1, 2026, challenging its separation from Corteva into two standalone public companies and seeking injunctive relief. A temporary restraining order issued Oct. 9 barred asset disposals outside the ordinary course, dividends and share buybacks without court approval. The order was stayed Oct. 10 pending an emergency stay request and appeal at the Seventh Circuit. Vylor said it does not plan dividends or buybacks while appellate review is pending; the separation closed Oct. 1.
