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JimMeade
Veteran Advisor

Webinar On Syngenta Corn Settlement Noon 4 June

Iowa State University and AALA are sponsoring a webinar at 1200 Monday 4 June that will bring you up to date on the settlement options.

 

Read about it here.  It's free and open to all.

 

https://www.calt.iastate.edu/seminar/2018-06-04/aala-webinar-nuts-bolts-syngenta-corn-settlement-dis...

 

Here's just a snippet of the short explanation sheet.

 

"The American Agricultural Law Association is pleased to present a free webinar to AALA members and nonmembers, “Nuts and Bolts of the Syngenta Corn Settlement: A Discussion with Co-Lead Counsel.” 
 
Don Downing and AALA member William Chaney are two of the four court-appointed co-lead and litigation class counsel in the In re Syngenta AG MIR 162 MDL proceedings pending in Kansas Federal Court.  In this webinar, they will review the history of the case and summarize the key points of the recently announced, historic $1.51 billion class action settlement reached on behalf of producers, grain elevators and ethanol plants.  In particular, they will discuss the allocations of the settlement amount, identify the key claims, objection and opt-out deadlines and explain the easy and simple procedures for practitioners, producers and industry participants to complete the claims forms in order to participate in the settlement."

 

 

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2 Replies
BA Deere
Honored Advisor

Re: Webinar On Syngenta Corn Settlement Noon 4 June

Thanks for posting.  This Syngenta deal, I don`t see where they were responsible for corn going down, so I didn`t sign up for the lawsuit.  Then China buys Syngenta and it appears to be a settlement 10 times larger than the last $200 gift certificate to TSC back in 2003 with the Starlink deal....I didn`t sign up for that one either.   Then I heard this was a class action suit where unless you opt out, you`re included in the suit.   

 

Since China now owns Syngenta and this $ billion settlement was figured into their purchase of the company, I might want to opt in because those that don`t take their share won`t get it and it`ll just go into the lawyers or China.   Geez, I`m already trying to justify ill-gotten gains  Smiley Frustrated

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JimMeade
Veteran Advisor

Re: Webinar On Syngenta Corn Settlement Noon 4 June

I got in on the last half of it and found it interesting.  I'll post more if I can.

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