What changed
The Fourth Circuit summarily reversed a District Court order that had denied California leave to seek a temporary restraining order and preliminary injunction against Corteva's separation of its seed segment into Vylor Inc. On remand, the District Court denied California's motion to enjoin the Separation. Corteva's board waived the Legal Restraints Condition effective September 30, 2026, and the Distribution is expected to be completed prior to 9:30 a.m. New York City time on October 1, 2026.