Court TRO bars Vylor from dividends or buybacks; 16 plaintiffs challenge Corteva separation

Vylor Inc.

• 15 states plus one sovereign sued in Indiana federal court on Oct 1, 2026, challenging Corteva's separation from Vylor; TRO issued Oct 9.
• Order bars Vylor and Corteva/EIDP from disposing of assets outside ordinary course and from paying dividends or repurchasing shares, absent a court order.
• District court stayed the TRO on Oct 10 pending a Seventh Circuit emergency motion; Vylor, Corteva and EIDP filed notice of appeal the same day.
• Stay relied on Vylor's representation that it would not declare dividends or repurchase shares while the appellate motion is pending.
• Vylor says it contests the legal and factual bases and will defend the claims; separation itself was completed Oct 1, 2026.