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Jump to full article: The Wall Street Journal Interactive Edition, 1999-07-23
Author: RICHARD B. SCHMITT Staff Reporter of THE WALL STREET JOURNAL
Intro: Judge Kendall found the "present value" of the Liggett settlement was $75 million, compared with
the company's current net worth of about $200 million. As a result, "this court cannot and does not
find that the exhaustion requirement identified in Ortiz has been met," he wrote.
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