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Headlines Tagged with Rothmans 321 headlines found

16 Views

[Canada] Big Tobacco ordered to put $1B in trust for class-action lawsuit members

Schrager ordered the companies to start paying in instalments. "It is not acceptable that appellants merely say that they have no funds to satisfy the judgment or an order to furnish security and continue to distribute earnings because that is 'business
CBC News (ca)
added Oct 28, 2015 11:36
29 Views

[Canada] Trying to keep tobacco profits from fleeing the country

another preliminary round in the Appeal Court review of the Blais-Létourneau tobacco trials. Lawyers representing Quebec smokers came asking for an order to force the defendant tobacco companies to stop shipping their money overseas while the appeal is un
Eye on the Trials (ASPQ) (ca)
added Oct 7, 2015 12:59
27 Views

[Canada] The no-longer confidential financial statements

Imperial Tobacco and Rothmans, Benson and Hedges have now had their current financial statements made available to the public. . . . Why is PMI/RBH so much more profitable than BAT/ITL? If there has been such a dramatic fall in ITL profits, why has this
Eye on the Trials (ASPQ) (ca)
added Aug 1, 2015 20:02
14 Views

[Canada] Québec Court of Appeal overturns trial court's order for payment of judgment in tobacco class actions pending appeal

"RBH believes it has strong arguments for reversal of the trial court's entire judgment given plaintiffs' total failure of proof that any class member smoked because of any alleged wrongdoing by RBH," added Edwards. "We look forward to presenting our ar
Canada Newswire (CNW) (ca)
added Jul 23, 2015 23:19
23 Views

[Canada, USA] Calling their own bluff

Philip Morris International was scheduled to report on its Second Quarter...they don't seem to intend to force...(Rothmans, Benson and Hedges) into bankruptcy. The parent company will instead absorb the costs of this initial payment - and has warned share
Eye on the Trials (ASPQ) (ca)
added Jul 17, 2015 12:31
11 Views

[Canada] Quebec health law invalid: Big Tobacco

After losing their bid in March 2014 to have the law ruled unconstitutional, ... told the Quebec Court of Appeal the legislation "handcuffs" them....told the appeals court the law prevents them from having access to a fair trial. "We're going to have a
Canadian Press
added Jun 20, 2015 19:29
3 Views

[Canada] Philip Morris International Inc.'s Canadian Subsidiary, Rothmans, Benson & Hedges Inc., to Appeal Decision in Québec Class Action Tobacco Suits

Philip Morris International Inc. is not a party to the cases and is not liable for any portion of this judgment. “These two class actions in Canada are outliers and unique to Canada. They were outliers when filed in 1998 and, since then, courts have con
Philip Morris International (ch)
added Jun 3, 2015 17:07
3 Views

[Canada, UK] With BAT hit with a £5.5bn fine, is now the time to stub out tobacco shares?

Some 148 of the funds available to UK investors have BAT in their ten biggest investments, while 121 have large amounts of cash in Imperial Tobacco. The Woodford Equity Income Fund, run by Neil Woodford, has 16 per cent of its money in tobacco firms incl
This is Money (uk)
added Jun 2, 2015 21:41
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
4 Views

[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
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