Trial In $15B Tronox Enviro Liability Suit Set For May

Law360, New York (November 14, 2011, 5:42 PM EST) -- Tronox Inc.'s $15 billion lawsuit against Anadarko Petroleum Corp. over a spinoff that allegedly saddled it with insurmountable environmental liabilities is scheduled to go to trial May 15, though a New York bankruptcy judge nudged the parties toward mediation Monday.

With Anadarko and once-bankrupt pigment maker Tronox each possibly presenting testimony from at least four expert witnesses — and with some executives possibly taking the stand — attorneys said the trial could last at least eight weeks.

"That's an awful lot of experts for one trial,...
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