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The Tronox Incorporated bankruptcy settlement provides for the payment of funds, either directly to environmental regulators or through the trusts created pursuant to the settlement agreement, in connection with numerous sites and facilities throughout the country.
What is the Tronox Tort Claim Trust?
The Tronox Incorporated Tort Claims Trust (the Trust) was established pursuant to an order of the United States Bankruptcy Court for the Southern District of New York (the Court) to receive and process claims against Tronox Incorporated for personal injury or property damage.
What is the Tronox Tort Claim Trust?
The Tronox Incorporated Tort Claims Trust (the Trust) was established pursuant to an order of the United States Bankruptcy Court for the Southern District of New York (the Court) to receive and process claims against Tronox Incorporated for personal injury or property damage.
How much did the Tronox Trust payout?
How much did the Tronox Trust payout? Specifically, the settlement provided $270 million and 88% of Tronoxs interest in a fraudulent conveyance case to the governments and bankruptcy-created trusts for cleanup costs incurred or to be incurred at these sites.
How much did the Tronox Trust payout?
How much did the Tronox Trust payout? Specifically, the settlement provided $270 million and 88% of Tronoxs interest in a fraudulent conveyance case to the governments and bankruptcy-created trusts for cleanup costs incurred or to be incurred at these sites.
Case Summary: Tronox Incorporated Bankruptcy Settlement
Specifically, the settlement provided $270 million and 88% of Tronox's interest in a fraudulent conveyance case to the governments and bankruptcy-created trusts ...
Following its acquisition of the mineral sands business formerly belonging to South Africa's Exxaro Resources, Tronox is the largest fully integrated seller and ...
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