Tronox was spun out of oil and gas player Kerr McGee in 2005, but declared bankruptcy in 2009 due to environmental liabilities from its facilities that produced titanium dioxide for paints.

Creditors of Tronox claim Kerr McGee split off the company to protect itself from those liabilities.

Anadarko bought Kerr McGee in 2006, assuming liability in the case. That liability could range from $5.2