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A state circuit court in Clarksdale, Miss., has granted Monsanto Company's request for partial summary judgment in a lawsuit brought by Delta and Pine Land Company (D&PL), thereby eliminating a key element of D&PL's damage claim against Monsanto.


A state circuit court in Clarksdale Clarksdale, city (1990 pop. 19,717), seat of Coahoma co., NW Miss., on the Sunflower River; inc. 1882. It is a processing and distribution center for agriculture, its main resource. There is also light manufacturing. Clarksdale also is a major center for rhythm-and-blues music., Miss., has granted Monsanto Company's request for partial summary judgment in a lawsuit brought by Delta and Pine Land Company (D&PL PL - Perl (File extension)
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), thereby eliminating a key element of D&PL's damage claim against Monsanto. D&PL had sought damages for lost stock market value of approximately $1 billion. "We're pleased that the court determined that Delta and Pine Land had no right to pursue a damage claim for lost market value," said Charles W. Burson, general counsel for Monsanto.
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Title Annotation:At Closing News
Publication:Agri Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 1, 2004
Words:85
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