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Headlines Tagged with Reynolds American 7,814 headlines found

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[Florida] Supreme Court Won't Review Ruling On Engle Liability ($$)

"Today was a small measure of justice for [Faye Graham's] family in finally getting tobacco to pay up for what it did...As a result of the Supreme Court's denial of certiorari, we are hopeful that other families of deceased smokers will soon also receive
Law360
added Jan 9, 2018 03:27
10 Views

[North Carolina] Reynolds sale, new Wake Forest Baptist leader lead top 10 business news stories

It took a $54.5 billion offer from British American Tobacco for Reynolds’ board of directors to agree to sell BAT the 57.8 percent of Reynolds it did not already own. With the July 25 completion of the deal, BAT became the world’s largest publicly trade
Winston-Salem (NC) Journal
added Jan 2, 2018 04:08
32 Views

Florida judge rules Reynolds retains MSA payment responsibility for four sold brands

At stake is $78 million in MSA payments that Florida has been due since the June 2015 closing of Reynolds’ $29.25 billion purchase of Lorillard Inc., Attorney General Pam Bondi said. Reynolds divested Kool, Salem and Winston, while Lorillard divested Ma
Winston-Salem (NC) Journal
added Jan 1, 2018 11:49
2 Views

Share repurchases flourished locally in 2017 as corporate option with cash

Some previous major share-repurchase participants, such as Reynolds American Inc...were sidelined from buying back by pending sales of their respective company. In recent years, Reynolds fluctuated between returning 70 percent to 80 percent of its quarte
Winston-Salem (NC) Journal
added Jan 1, 2018 11:49
12 Views

[New Mexico] Judge dismisses dozens of complaints against Santa Fe Natural Tobacco Co.

A federal judge in Albuquerque dismissed more than two dozen complaints against Santa Fe Natural Tobacco Co. but allowed others to proceed. Scores of plaintiffs from at least a dozen states sued over “organic” and “additive-free” marketing claims for Natu
Santa Fe (NM) New Mexican
added Dec 29, 2017 23:17
23 Views

Judge orders R.J. Reynolds to keep paying Florida millions

When Bondi filed the suit last January, she said Florida was already owed $45 million and could lose $30 million a year going forward. Gillen said until R.J. Reynolds has its obligation to pay Florida transferred to Imperial Tobacco Group, it must continu
Columbus (IN) Republic
added Dec 28, 2017 22:59
7 Views

Bouchard: Tobacco Company Still Responsible for Florida Settlement Payments

The Delaware Court of Chancery on Thursday blocked an attempt by tobacco company ITG Brands to extricate itself from a dispute over $30 million in annual settlement payments owed to the state of Florida after the company acquired four popular brands of ci
Law.com
added Dec 28, 2017 22:58
7 Views

State of Florida v American Tobacco Company, et.al. (PDF)

Reynolds is still obligated to make the payments pursuant to the Florida Agreement unless and until it is able to have Imperial (or some other entity) actually become its true "successor" or true "assign."
Florida Attorney General's Office
added Dec 28, 2017 16:34
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Court Orders Tobacco Company to Honor Florida’s Historic Tobacco Settlement

After the June 2015 sale, RJR stopped making payments on these brands, costing the state an estimated $30 million a year in perpetuity. “Today’s ruling will ensure Florida’s landmark tobacco settlement is honored and our state receives the money it is ow
Florida Attorney General's Office
added Dec 28, 2017 15:39
9 Views

[New Mexico] Judge dismisses several lawsuits against Natural American Spirit

A federal judge in New Mexico has approved dismissing at least 26 complaints against a Reynolds American Inc. subsidiary related to how its Natural American Spirit super-premium cigarette brand has been marketed to consumers. However, Judge James Bowman
Winston-Salem (NC) Journal
added Dec 28, 2017 15:35
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