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Headlines Tagged with Imperial (ca) 543 headlines found

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[Canada] Tobacco giants to contest court ruling to pay £8bn damages

The three firms immediately announced they would appeal against the decision, arguing that Canadians have had a “high awareness” of the health risks of smoking for several decades. “That awareness has been reinforced by the health warnings printed on ev
The Independent (uk)
added Jun 2, 2015 21:29
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[Canada] BAT claims 'strong ground' for appealling £5.5bn Canadian class action

in a statement on Tuesday morning, British American Tobacco said: "There are strong legal grounds with which to challenge both the overall judgement, and to seek a stay of the provisional execution order, which Imperial Tobacco Canada will do within 30 da
Electronic Telegraph (uk)
added Jun 3, 2015 10:47
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[Canada, UK] BAT facing £5.5bn fine for treating health concerns over smoking as 'non-issue'

British American Tobacco’s Canadian arm treated health concerns around smoking as a ‘non-issue’ when selling its products, Quebec’s Superior Court said yesterday. The division – which is called Imperial Tobacco Canada, not to be confused with UK-listed c
This is Money (uk)
added Jun 2, 2015 21:43
2 Views

[Canada, UK] Tobacco shares tumble following £8.2bn damages ruling

“there is the possibility that it bankrupts all of the tobacco majors in the [Canadian] market, with the payments dwarfing the annual operating profit...as we understand, all of these companies are separate – ring-fenced – legal entities, and therefore th
Electronic Telegraph (uk)
added Jun 2, 2015 21:39
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[Canada] $15B tobacco ruling barely dents stocks as analysts predict penalty will come down

On Tuesday, shares of Imperial Tobacco's parent company, British American Tobacco Plc, fell 2.4 per cent in London. Japan Tobacco Inc., the parent of JTI-Macdonald, saw its stock slip 1.8 per cent in Tokyo.
Financial Post (ca)
added Jun 2, 2015 21:37
9 Views

[Canada] Quebec tobacco class action judgements issued / Strong grounds for appeal and process started

There are strong legal grounds with which to challenge both the overall judgement, and to seek a stay of the provisional execution order, which Imperial Tobacco Canada will do within 30 days of the original 27th May ruling.
British American Tobacco (BAT)
added Jun 2, 2015 07:50
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[Canada, UK] Tobacco firm shares hit after record Canadian court fines of £8bn

British American Tobacco, which owns Imperial Tobacco Canada, saw shares down 1 per cent, or around 50p, when markets opened in London on Tuesday. BAT is only party to the proceedings through its Imperial Tobacco Canada subsidiary.
The Independent (uk)
added Jun 2, 2015 07:42
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[Canada] $15 billion awarded to Quebec smokers in landmark class-action lawsuit

Quebec Superior Court Justice Brian Riordan’s long-awaited 276-page decision was made public following years of testimony and another six months of deliberations.
Canadian Press
added Jun 2, 2015 07:24
2 Views

[Canada] NOTRE CABINET NOS RECOURS COLLECTIFS / DÉPENDANCE À LA NICOTINE [Our asset class actions: NICOTINE ADDICTION]

judge sentences the three defendants to pay more than $ 15 billion in punitive and moral damages... the members of the appeal "CQTS-Blais" will receive $ 80,000 or $ 100,000 per case of lung cancer or throat and emphysema victims, $ 24,000 or $ 30,000, pl
TRUDEL JOHNSTON & LESPÉRANCE (ca)
added Jun 2, 2015 07:08
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[Canada] Tobacco companies to appeal C$15 billion Canadian court ruling

Three tobacco companies said on Monday they would appeal a Canadian court ruling that awarded more than C$15 billion (£7.8 billion) in damages to Quebec smokers in two related class action cases. The damages would compensate about 100,000 Quebec smokers
Reuters
added Jun 2, 2015 06:48
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