Jan 25, 2012
Judge Won’t Cap Claims in Tronox Fraud Suit Against Anadarko
A Manhattan federal bankruptcy judge has denied Anadarko’s summary judgment motion, which sought to cap Tronox’s claims against the oil and gas company. Tronox, which has claimed damages as high as $15.5 billion, alleges that a 2005 spinoff of assets acquired by Anadarko was a fraudulent conveyance.