Ashland Global Holdings Inc. v. Valvoline Inc.
Case Number:
1:21-cv-00498
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October 14, 2022
Valvoline, Ex-Parent Co. Nearing Settlement In $29M Tax Suit
Valvoline is nearing a settlement with its ex-parent company over its suit alleging Valvoline owes it $29 million in unused tax benefits, the parent company told a New York federal court Friday, saying they've reached an agreement in principle.
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January 27, 2022
Ex-Valvoline Parent Co. Can't Force $29M Tax Benefit Claims
Valvoline's former parent company can't force it to claim and reimburse it with $29 million in tax benefits after a New York federal judge found an agreement between the businesses didn't clearly require the use of the tax breaks.