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Headlines Tagged with New York 16,053 headlines found


Reynolds reaches MSA agreement with New York

Reynolds will receive $285 million in credits, plus interest, over the next four years for its 2004-14 claims. Philip Morris USA said it will gain $126 million in credits for its 2016 MSA obligation. In exchange, New York will receive a combined $550 mil
Winston-Salem (NC) Journal
added Oct 21, 2015 10:38

Big tobacco settles decade-long dispute with New York

Big U.S. tobacco companies including Reynolds American Inc and Altria Group Inc agreed to pay New York $550 million..., in 2003, signatories to the MSA argued that some states, including New York, had failed to "diligently enforce" the collection of fund
added Oct 20, 2015 23:23

[New York] CRUDELE: How the government wasted tobacco’s $200B windfall

So, Albany is missing out on billions from smuggled cigarettes, losing out on tax from the smokes the Native Americans are selling, and shouldering the cost of bonds foolishly issued to back Master Settlement money it might never see. I called state Att
New York Post
added Oct 20, 2015 13:22

[Illinois, Maryland, New York] ARCHIVE: Kool MIXX Settlement (PDF)

In the event that Reynolds conducts any DJ mixing and/or MC competitions as part of any Future KOOL MIXX Promotion, all such competitions shall only be conducted in Adult Only Facilities, and Reynolds shall not cause any such competition to be broadcas
New York State Attorney General
added Oct 20, 2015 12:41

[New York] ARCHIVE: Flavored Cigarettes Settlement (PDF)

Reynolds agrees that: A. With the exception of the Basma, Samsun and Rare cigarette brand styles, it will not manufacture, market, distribute or sell the Investigated Cigarette Brand Styles specifically intended by Reynolds for distribution or sale in
New York State Attorney General
added Oct 20, 2015 12:36

Tobacco MSA (New York)

The Tobacco MSA with New York is the particular version of the Tobacco MSA that was signed in New York City was enabled by means of legislation of New York State, and has been interpreted since then in New York State courts.
added Oct 20, 2015 12:28

A.G. Schneiderman Announces $550 Million Settlement With Big Tobacco That Ensures Billions In Future Compensation To New York State, Counties, and NYC Arising Out Of Landmark 1998 Agreement

Under the MSA’s dispute-resolution procedures, the tobacco companies have been able to withhold a portion of their approximately $775 million combined annual settlement payments to New York State, New York City, and the counties outside the city for every
New York State Attorney General
added Oct 20, 2015 12:18

New York Agrees to Settle NPM Adjustment Disputes

“Resolving the NPM disputes allows us to move forward and work with the states on our shared goals and objectives under the Master Settlement Agreement.” Under the deal announced today, the participating manufacturers will receive credits against their
Altria Group, Inc.
added Oct 20, 2015 12:15

R.J. Reynolds reaches agreement with New York on Master Settlement Agreement payment disputes

The settlement addresses claims relating to a downward adjustment to R.J. Reynolds’ annual MSA payment obligations known as the Non-Participating Manufacturer (NPM) Adjustment. The settlement resolves claims pertaining to payment years 2004 through 2014,
Reynolds American (RAI)
added Oct 20, 2015 12:13

New York Gets $550 Million in Tobacco Deal ($$)

An agreement ending a decadelong dispute between New York and major tobacco companies will deliver $550 million to the state, New York City and other counties, Attorney General Eric Schneiderman is expected to announce on Tuesday.
The Wall Street Journal Interactive Edition
added Oct 20, 2015 12:10
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