Tronox Trust Wins Up To $14B In Kerr-McGee Spinoff Row

By David McAfee ( December 12, 2013, 9:11 PM EST) -- A New York bankruptcy judge on Thursday sided with the Tronox Inc. litigation trust on its claims that ex-parent Kerr-McGee Corp. had saddled it with environmental liabilities and stripped its healthy assets before spinning it off, and said he would enter damages of $5. 1 billion to $14. 1 billion against Kerr-McGee for the fraudulent transfers. . . .

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Law firms and the legal profession are facing new uncertainties, shifting the stress levels, economic pressures, and overall contentment of lawyers in private practice, according to the 2025 Law360 Pulse Lawyer Satisfaction Survey.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!