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Headlines Tagged with Settlements 14,718 headlines found

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RJR Tobacco Says ITG Had Duty To Join In Fla. Settlement ($$)

told a Delaware chancellor on Friday that ITG Brands LLC relied on tortured contract readings to support claims that time ran out on ITG’s duty to pursue and assume a $30 million yearly payment obligation to Florida to offset harms from tobacco sales.
Law360
added Jun 25, 2017 15:04
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RJR Stay Denied In Del. Dispute Over Florida Tobacco Levy ($$)

lost a bid Thursday in Delaware Chancery Court for a hold order on a suit in which ITG Brands LLC is contesting its role and liability in a state-of-Florida action demanding $30 million a year in tobacco settlement payments.
Law360
added May 19, 2017 05:30
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[Pennsylvania] Tobacco manufacturers request Supreme Court tackle MSA arbitration settlement

The nation's largest tobacco manufacturers have asked the U.S. Supreme Court to tackle a decision by the Pennsylvania Supreme Court affecting $120 million in Master Settlement Agreement money. A writ of certiorari was filed April 21 by R.J. Reynolds Toba
Winston-Salem (NC) Journal
added May 2, 2016 19:43
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[Massachusetts] Group’s lawsuits aim to boost public health

there’s an intriguing twist to the suits filed in Middlesex Superior Court last month. They are the product of a new Boston group that seeks to promote public health through the courts. And these lawyers are working on several fronts, not just tobacco. T
Boston (MA) Globe
added Apr 12, 2015 12:39
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[Canada, Arkansas] Judge orders tobacco maker to pay state nearly $30 million

A Canadian tobacco company has been ordered to pay Arkansas nearly $30 million for failing to set money aside in escrow in lieu of participating in the tobacco Master Settlement Agreement. The state accused Grand River Enterprises of violating the law by
AP - Associated Press
added May 15, 2014 12:43
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Reynolds American says it has borrowed $750 million

Reynolds American Inc. said in a regulatory filing Wednesday it has borrowed $750 million under a new credit agreement, with the funds likely being dedicated to a share repurchase program and its Master Settlement Agreement obligations.
Winston-Salem (NC) Journal
added Apr 23, 2014 09:56
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[New Jersey] NJ Democrats Decry Christie Tobacco-Bond Deal as Revenue Stunt

say Republican Governor Chris Christie has turned to financial gimmickry in a deal that pledged national tobacco-settlement revenue to investors in exchange for almost $92 million. The one-time infusion, for the current fiscal year, shows the consequence
Business Week/Bloomberg
added Mar 9, 2014 22:52
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California draws on reserves for tobacco debt payments

California officials have tapped reserves for payments on two series of state tobacco bonds due to insufficient tobacco settlement revenue, according to notices filed with Municipal Securities Rulemaking Board on Monday.
Reuters
added Dec 4, 2012 01:53
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EDITORIAL: Helping Louisiana smokers quit a deadly addiction: An editorial

New Orleans (LA) Times Picayune
added Jun 30, 2011 00:00
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[Maryland, Missouri, Pennsylvania] Tobacco companies seek U.S. Supreme Court hearing; hundreds of millions of dollars at stake

largest tobacco manufacturers have filed a second petition...The manufacturers have asked the U.S. Supreme Court to determine whether the Federal Arbitration Act — which governs contract agreements involving interstate commerce — pre-empts contrary state
Winston-Salem (NC) Journal
added Jul 7, 2016 13:38
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