On April 29, 2022, a team of Vinson & Elkins trial attorneys secured an approximately $94 million jury verdict for Huntsman Corporation, a publicly traded global manufacturer and marketer of differentiated and specialty chemicals, in connection with the Company’s long-running court battle against Praxair/Linde, one of the industrial gas suppliers to Huntsman’s Geismar, Louisiana methylene diphenyl diisocyanate (MDI) manufacturing site.
The case involved the breach of a requirements contract by Praxair/Linde for the supply of carbon monoxide and hydrogen, gases needed for Huntsman to manufacture MDI at its Geismar facility.
After a three-week trial in Orleans Civil District Court, the 12-person jury took less than three hours to render its verdict, unanimously finding that Praxair breached its promises to Huntsman and that those breaches directly caused Huntsman substantial financial damages.
In a press release…
