Legal Proceedings
−Removed: We become involved from time to time in various claims and lawsuits arising in the ordinary course of our business, such as employment related claims and asbestos litigation.
+Added: We become involved from time to time in various claims and lawsuits arising from special projects or in the ordinary course of our business, such as employment related claims or asbestos litigation.
Some matters involve claims for large amounts of damages as well as other relief.
−Removed: With respect to our settlement of the EPA’s enforcement initiative and the arbitration proceedings with Evonik see “ Item 1.
−Removed: Business—Environmental, Health and Safety Matters—Environmental—Environmental Proceedings .” and “ Item 1A.
−Removed: Risk Factors—Legal and Regulatory Matter—Litigation or legal proceedings could expose us to significant liabilities and thus adversely affect our business, financial condition, results of operations and cash flows .
−Removed: ” as well as “ Item 1A.
−Removed: Risk Factors—Legal and Regulatory Matter—We may not be able to protect our intellectual property rights successfully ” included in our Annual Report on Form 10-K for the year ended December 31, 2022, and which are incorporated herein by reference.
−Removed: We believe, based on currently available information, that the results of the proceedings referenced above, in the aggregate, will not have a material adverse effect on our financial condition, but may be material to our operating results and cash flow for any particular period when the relevant costs are incurred.
+Added: We believe, based on currently available information, that the results of the proceedings we are subject to, in the aggregate, will not have a material adverse effect on our financial condition, but may be material to our operating results and cash flows for any particular period when the relevant costs are incurred.
We note that the outcome of legal proceedings is inherently uncertain, and we offer no assurances as to the outcome of any of these matters or their effect on the Company.
+Added: Information regarding our litigation and legal proceedings can be found in Note J.
+Added: Commitments and Contingencies to the Condensed Consolidated Financial Statements, which is incorporated into this Item 1 by reference.
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.