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Jump to full article: PR Newswire, 2000-02-25
Intro: A unanimous decision handed down by the U.S. Supreme Court on Wednesday limiting the scope of RICO actions will have a major impact on similar cases brought against the tobacco industry, said an attorney for Brown & Williamson Tobacco Corporation.
``While not concerning the tobacco industry, the high court's decision in the Rotella v. Wood case will severely restrict the ability of new and existing plaintiffs to bring RICO actions against tobacco manufacturers,'' said Ken Bass, B&W's attorney at the Washington offices of Kirkland & Ellis.
Jump to full article » Quotes from this article:
This will be the death knell of RICO treble damage claims against the
tobacco industry . . . Every union health fund, health insurer, foreign
country and other payor of health care costs that has filed against the
industry under RICO was well aware of their alleged injury long before the
four-year RICO limitations period expired.
Accordingly, they should not be
allowed to bring their claims under the Supreme Court's unanimous
pronouncement in Rotella. Ken Bass, B&W's attorney at Kirkland & Ellis. Quoted in <i>B&W Says Supreme Court Decision Will Have Major Impact on Tobacco Suits</i>
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