Bayer puts part of Roundup settlement on hold – ZAWYA

  • Date: 09-Jul-2020
  • Source: Zawya
  • Sector:Industrial
  • Country:UAE
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Bayer puts part of Roundup settlement on hold – ZAWYA

Bayer puts part of Roundup settlement on hold | ZAWYA MENA Edition HomeBusinessArticleBayer puts part of Roundup settlement on hold The move would give the parties more time to address questions    FRANKFURT- Bayer has agreed to delay part of a proposed settlement of allegations that its widely used weedkiller Roundup caused cancer after a U.S. judge questioned its plan to deal with future claims.The German company said on Tuesday that lawyers representing those preparing a class action had withdrawn a request for court approval of the $1.25 billion scheme, part of a broader $10.9 billion agreement to settle close to 100,000 U.S. lawsuits related to Roundup. The move would give the parties more time to address questions raised by Federal District Court Judge Vince Chhabria of the Northern District of California who presides over the federal Roundup litigation, Bayer said in a statement. The German company said on Tuesday that lawyers representing those preparing a class action had withdrawn a request for court approval of the $1.25 billion scheme, part of a broader $10.9 billion agreement to settle close to 100,000 U.S. lawsuits related to Roundup. FRANKFURT- Bayer has agreed to delay part of a proposed settlement of allegations that its widely