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Headlines Tagged with Settlements 14,737 headlines found


Your Tuesday Briefing: Paying for selling smoke.

Most of the nation’s cigarette manufacturers shell out a total of more than $8 billion every April 15 to help pay for treating smoking-related illness and prevention programs. The payment stems from the 1998 Tobacco Master Settlement Agreement, which li
New York Times
added Apr 15, 2014 08:09

22nd Century Group to Acquire Participating Member of the Tobacco Master Settlement Agreement

“We intentionally have delayed expansion of the marketing and distribution of our brands in the United States since the more product we sold, the more difficult and expensive it would be to become a participating manufacturer of the MSA. 22nd Century
Business Wire
added Sep 18, 2013 08:25


The Panel unanimously finds that the State of Iowa diligently enforced its Qualifying Statute during calendar year 2003 and therefore is not subject to an NPM Adjustment pursuant to Section IX (d)(2)(B) of the Master Settlement Agreement. All other clai
Iowa Attorney General
added Sep 12, 2013 01:33

[Missouri] Tobacco companies will not fight cigarette tax increase

But this time, there's a key difference that could bolster its chances. Big Tobacco, which spent millions of dollars to defeat the last proposal six years ago, is largely sitting this one out.
St. Louis (MO) Post-Dispatch
added Sep 2, 2012 18:13

[Canada, USA] Grand River Enterprises Six Nations, Ltd., et al. v. United States of America

Grand River seeks not less than $310 million to $664 million for damages allegedly resulting from a 1998 settlement agreement between various state Attorneys General and the major tobacco companies, and certain state legislation that partially implements
US Department of State
added Jul 30, 2017 12:41

[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

[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

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

[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

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.
added Dec 4, 2012 01:53
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