E.I. Dupont De Nemours & Co. v. Rhone Poulenc Fiber & Resin Intermediates, S.A.S.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
BARRY, Circuit Judge:
In 1996, after years of negotiation, a Joint Venture Agreement (“the Agreement”) was entered into between DuPont China (“DPC”), Rhone Poulenc Fiber and Resin Intermediates (“Rhodia Fiber”), and Liaoyang Petro Chemical Fiber Company (“LYPFC”), a Chinese entity. DPC and Rhodia Fiber are subsidiaries of E.I. Du Pont de Nemours and Company (“DuPont”) and Rhodia, SA (“Rhodia”), 1 respectively. The object of the 50 year joint venture was to create Sanlong Nylon Company Limited (“Sanlong”) to research, manufacture, and sell certain fibers. The joint venture…
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