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The Court granted in part and denied in part the CF Entities’ Motions for Summary Judgment in August 2015.
−Removed: Over three hundred cases have been resolved pursuant to confidential settlements that have been or we expect will be fully funded by insurance.
−Removed: The remaining cases are in various stages of discovery and pre-trial proceedings.
−Removed: The next group of cases is expected to be set for trial after the Court resumes scheduling civil jury trials currently on hold because of the coronavirus disease 2019 (COVID-19) pandemic.
−Removed: We believe we have strong legal and factual defenses and intend to continue defending the CF Entities vigorously in the pending lawsuits.
+Added: Nearly all of the cases, including all wrongful death and personal injury claims, have been resolved pursuant to confidential settlements that have been or we expect will be fully funded by insurance.
+Added: The remaining subrogation and statutory indemnification claims total approximately $37 million, before prejudgment interest, and are in various stages of discovery and pre-trial proceedings.
+Added: The remaining claims are expected to be set for trial in 2022.
+Added: We believe we have strong legal and factual defenses and intend to continue defending the CF Entities vigorously in the remaining lawsuits.
The Company cannot provide a range of reasonably possible loss due to the uncertain nature of this litigation, including uncertainties around the potential allocation of responsibility by a jury to other defendants or responsible third parties.
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litigation could negatively affect our results in the period of recognition.
−Removed: However, based upon currently available information, including available insurance coverage, we do not believe that this litigation will have a material adverse effect on our consolidated financial position, results of operations or cash flows.
+Added: However, based upon currently available information, we expect any potential loss to be fully indemnified by insurance and do not believe that this litigation will have a material adverse effect on our consolidated financial position, results of operations or cash flows.
CF INDUSTRIES HOLDINGS, INC.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.