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Tronox, Inc. v. Kerr-McGee Corp.

ELR Citation: ELR 20274
Nos. 09-10156, (S.D.N.Y. Bankr. Ct., 12/12/2013) (Gropper, J.)

A federal bankruptcy court held that a petroleum company and its subsidiaries may be held liable for at least $5 billion—and perhaps up to $14 billion—in environmental response costs and tort liabilities....

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