Tronox Inc. v. Anadarko Petroleum Corp. (In re Tronox Inc.)

Ruling: 
Debtor's recovery on fraudulent transfer claims was not capped by §550(a).
Procedural posture: 
Chapter 11 debtor filed a complaint seeking to establish that a transfer of assets in a spin-off was an intentional or constructive fraudulent conveyance under 11 U.S.C.S. §§ 548 or 544(b). Both parties moved for partial summary judgment. Defendant transferee sought a ruling that 11 U.S.C.S. § 550 capped the debtor's recovery on its claims at the amount of unpaid creditor claims. The debtor sought a ruling that § 550 imposed no cap.
Issue: 
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Commercial case opionion summary, case decided on January 20,2012, LexisNexis #0212-058