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<title>Tobacco Articles: lawsuit conwood</title>
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<title>UST Deposits $500M Bond With U.S. District Court</title>
<link>http://interactive.wsj.com/archive/retrieve.cgi?id=BT-CO-20001018-003843.djml</link>
<guid>http://tobacco.org/news/51956.html</guid>
<description>UST Inc. (UST) deposited $500 million with the U.S. District Court on Oct. 10 to cover bonding requirements imposed by the court for certain antitrust litigation brought by Conwood Corp.

According to a Form 8-K filed Wednesday with the Securities and Exchange Commission, the antitrust lawsuit concerns UST's smokeless tobacco subsidiary, U.S. Tobacco Co. As reported, on Aug. 11 the Court set a bond of $500 million for an antitrust lawsuit filed against UST by Conwood.

As reported in March, a Kentucky jury ordered UST to pay Conwood $350 million in damages, later raised to $1.05 billion by the Court, in accordance with antitrust laws.</description>
<source url="http://www.wsj.com">The Wall Street Journal Interactive Edition</source>
<pubDate>Wed, 18 Oct 2000 04:00:00 GMT</pubDate>
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