Ross Aronstam & Moritz Prevails in $475 Million Trial
Following an eight-day jury trial in the Complex Commercial Division of the Superior Court, Ross Aronstam & Moritz secured a directed verdict for its client, Venator Materials, on both its claims for $75 million and the $400 million counterclaim filed by the defendant, Tronox. The case involved dueling claims for breach of contract arising out of an agreement concerning the potential sale of a titanium dioxide facility in the United States for $1.1 billion. The witnesses at trial included the CEO of each public company at the time, the general counsel of each company, and two former Directors of the Bureau of Competition of the FTC (who testified as expert witnesses).
Venator's trial team included David Ross, S. Michael Sirkin, Adam Gold, Reiko Rogozen, Anthony Calvano and Holly Newell.