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Headlines Tagged with Settlements 14,763 headlines found

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NOCERA: With Trump MIA on Opioids, Here Come the Lawyers

I remember in particular the tobacco litigation...few in the anti-tobacco community believe that the settlement has made much of a difference. Though smoking rates have declined, there are still 400,000 Americans who die each year from cigarettes.
Bloomberg News
added Jan 14, 2018 21:18
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BARRON: Suing the Industrial Age / New York City’s lawsuit against oil companies for having caused Superstorm Sandy is absurd.

A case can be made that the tobacco companies defrauded individual smokers by addicting them to a deadly product while lying about its safety. Energy companies, on the other hand, sell a product that was an integral element of the historical epoch called
City Journal (Manhattan Institute)
added Jan 11, 2018 19:06
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[Florida] RJR Ordered To Continue Fla. Tobacco Payments ($$)

A Florida judge has ruled that R.J. Reynolds must continue making annual tobacco settlement payments to the state for the Winston, Kool and Salem cigarette brands that the company sold to ITG Brands LLC for $7 billion.
Law360
added Jan 11, 2018 02:27
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[Virginia] $7.4 million in tobacco money flows to regional economic projects

Danville and Pittsylvania County will be receiving more than $7.4 million from the Tobacco Region Revitalization Commission to get economic development projects going, Delegate Danny Marshall said on Wednesday. The commission met Tuesday in Richmond to m
Danville (VA) Register & Bee
added Jan 11, 2018 01:21
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[Illinois] Vrdolyak wants to delay trial while Supreme Court reviews law used to charge him

A 19-page federal indictment against Vrdolyak outlines his role in a scheme to pocket millions of dollars from Illinois’ $9.3 billion settlement with tobacco companies nearly two decades ago. The indictment alleges Vrdolyak was promised $65 million from
Chicago Sun-Times
added Jan 10, 2018 01:12
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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
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CHRETIEN: Up In Smoke: What Happened to the Tobacco Master Settlement Agreement Money?

As is the case with discriminatory tobacco taxes, the incentives of the MSA are perverse: the more people smoke, the more money the government gets to spend on whatever it wants. The biggest losers are those with tobacco-related diseases and smokers tryi
Citizens Against Government Waste (CAGW)
added Dec 28, 2017 22:59
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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
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Colorado is using pot tax money to save programs funded by big tobacco settlement

But that money is already starting to dwindle, so state legislators have scrambled to find a source of funds that could ensure those helpful programs don’t disappear. The most obvious, if not ironic, source: marijuana money.
Denver (CO) Post
added Dec 28, 2017 22:51
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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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