Tronox, Feds Reach $25M Deal Over Toxic Cleanup

Law360, New York (May 20, 2010, 5:36 PM EDT) -- A bankruptcy judge signed off on a deal Thursday between chemical company Tronox Inc. and the federal government that will see the U.S. fork over $25 million for the cleanup of radioactive waste at several sites controlled by Tronox in the city of West Chicago, Ill.

Judge Allan L. Gropper of the U.S. Bankruptcy Court for the Southern District of New York approved the settlement, which hammers out a cleanup plan for the West Chicago sites and ends a dispute over Tronox's right to recover cleanup...
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