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Headlines Tagged with ITG Brands 117 headlines found

29 Views

[North Carolina] Sale volume falls for traditional cigarettes

An expected return to lower sales volumes for traditional cigarettes occurred during March, according to Nielsen ...Not even market-share gains by Newport, the No. 2-selling brand, and Natural American Spirit, the top super-premium brand, were enough to o
Winston-Salem (NC) Journal
added Apr 8, 2017 22:01
14 Views

Buyer Seeks To Litigate Tobacco Suit In Delaware Chancery Court ($$)

seeking an injunction that would force the Reynolds defendants to dismiss their complaint against ITG in Florida state court over the sale of four cigarette brands to ITG Brands in conjunction with the Reynolds defendants’ takeover of Lorillard Tobacco Co
Lexis Nexis
added Mar 15, 2017 00:03
19 Views

Florida AG fights for allegedly overdue payments from tobacco industry

A three-way dispute between two tobacco companies and the state of Florida attorney general's office has lead to a haze of confusion. In February, according to a report by the Winston-Salem Journal, ITG Brands filed a lawsuit against tobacco giant RJ Re
Florida Record (U.S. Chamber Institute for Legal Reform)
added Mar 7, 2017 12:52
35 Views

Reynolds, ITG square off in dispute over payments to Florida for health-care expenses related to smoking

ITG Brands LLC is suing R.J. Reynolds Tobacco Co. in an attempt to settle which tobacco manufacturer is responsible for making annual Master Settlement Agreement payments in Florida on four traditional cigarette brands. As part of Reynolds American Inc.
Winston-Salem (NC) Journal
added Feb 23, 2017 13:56
48 Views

ITG Brands Sues RJ Reynolds In Chancery Over $7B Cig Deal ($$)

launched a lawsuit in the Delaware Chancery Court aimed at halting an action R.J. Reynolds Tobacco Co. filed in Florida connected to its $7 billion sale of four well-known cigarette brands, arguing any claims from that deal belong in the...
Law360
added Feb 22, 2017 17:20
40 Views

FTSE 350: Big tobacco shifts focus back to the US ($$)

cigarette makers tried to keep a low profile. But this is changing, as demonstrated by the recent moves of the UK’s two listed tobacco groups: British American Tobacco (BATS) and Imperial Brands (IMB).
Investors Chronicle
added Jan 26, 2017 22:39
15 Views

[Florida] Bondi Goes To Court For Tobacco Payments

Bondi’s office contends that payments based on Winston, Salem, Kool and Maverick cigarettes improperly stopped after the brands became part of ITG. The motion said the state is owed more than $45 million. “The sale of major, pre-existing tobacco brands t
CBS Local CBS4/TV33
added Jan 19, 2017 15:29
21 Views

STATE OF FLORIDA v. AMERICAN TOBACCO COMPANY, R.J. REYNOLDS TOBACCO COMPANY et al.: THE STATE’S MOTION TO JOIN ITG BRANDS, LLC AS A DEFENDANT AND TO ENFORCE THE SETTLEMENT AGREEMENT

The State is presently owed more than $45 million and will continue to suffer annual losses of approximately $30 million absent the Court’s enforcement of the Settlement Agreement that it approved and adopted more than 20 years ago. Pursuant to that Sett
Amazon CloudFront
added Jan 20, 2017 20:47
21 Views

[Florida] Fla. Sues RJR For Stopping Payments Under Tobacco Deal ($$)

the state has stopped receiving annual tobacco settlement payments for the Winston, Kool and Salem cigarette brands since R.J. Reynolds Tobacco Co. sold them to ITG Brands LLC for $7 billion. Attorney General Pam Bondi filed an enforcement motion against
Law360
added Jan 19, 2017 15:31
27 Views

[California, North Carolina] Manufacturers raise cigarette list prices by 8 cents per pack

This time, however, they added a cent to the typical increase, which analysts say will help offset the impact of a significant increase — by $2 to $2.87 a pack — in the California tobacco excise tax. R.J. Reynolds Tobacco Co., ITG Brands LLC and Philip
Winston-Salem (NC) Journal
added Nov 12, 2016 22:06
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