Tronox Trust Ends Arguments in $14 Billion Anadarko Case

Tronox Inc. creditors concluded their case for recovering at least $14 billion in damages from Anadarko Petroleum Corp.’s Kerr-McGee unit over a spinoff they say drove Tronox into bankruptcy.

David Zott, an attorney for a litigation trust, delivered a closing argument today in a trial started in May in U.S. Bankruptcy Court in Manhattan over the unit’s sale. The trust is charged with pursuing claims stemming from the deal on behalf of Tronox creditors.