Law360, New York (May 24, 2012, 7:18 PM ET) -- The financial adviser who drew a cartoon portraying Kerr-McGee Corp.'s pigment business as a flower being choked by a weed, representing the company's legacy environmental liabilities, took the stand Thursday in the second week of trial in Tronox Inc.'s $25 billion suit.
Chris Watson, then of Lehman Brothers Holdings Inc., testified about his role in advising Kerr-McGee ahead of its initial public offering of shares in pigment maker unit Tronox and subsequent spinoff of the company, with an attorney for the Anadarko Litigation Trust, which is...
Tronox Atty Grills Kerr-McGee Adviser On Spinoff Plans
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