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Headlines Tagged with Settlements 14,796 headlines found


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.
added Jun 25, 2017 15:04

Tobacco suit pay bid put to Arkansas court; smokers’ lawyers seek up to $30M

they’re asking the presiding judge, Circuit Judge Tim Fox of Little Rock, to decide how much they should be paid for their efforts, money that would come out of the settlement fund. The lawyers don’t ask for a specific amount in their payment petition fi
Arkansas Democrat-Gazette
added Jan 7, 2017 02:15

Lorillard, Inc. Reports Third Quarter Results

exclude the favorable impacts of the settlement to resolve certain MSA payment adjustment disputes in the first nine months of 2014 and 2013 and the 2003 non-participating manufacturer arbitration award in the first nine months of 2014, charges for Engle
Lorillard Tobacco Company
added Oct 23, 2014 14:14

New Jersey Gets $92 Million After Restructuring Tobacco Bonds

New Jersey reached a deal to obtain almost $92 million for its general fund by pledging the remainder of its revenue from the national tobacco settlement to investors. The bolstered payment pledge made trading prices on bonds linked to the agreement more
Bloomberg News
added Apr 3, 2014 07:48

Washington Tobacco Settlement Authority to sell $344.4 mln bonds

Tobacco Settlement Authority is expected to sell $344.39 million of tobacco settlement revenue refunding bonds, series 2013 on Oct. 3, said a market source on Friday. The authority is an agency of State of Washington.
added Sep 20, 2013 11:50

AG: Missouri loses arbitration in tobacco case

Missouri Attorney General Chris Koster said the state has lost an arbitration case and will refund money it receives through a multi-state settlement with tobacco companies.
AP - Associated Press
added Sep 13, 2013 17:38

Rhode Island weighs options over tobacco funding

The Chafee administration is weighing whether to refinance the bonds initially sold in 2002 to investors willing to pay $685 million up front in exchange for the rights to $1.2 billion in anticipated settlement payments over two decades from the big tobac
Providence (RI) Journal-Bulletin
added Aug 27, 2013 10:36

R.J. Reynolds Told to Pay Vermont $8.3 Million Over Brand

R.J. Reynolds Tobacco Co. was ordered to pay Vermont $8.3 million by a state-court judge who ruled that the company violated consumer-protection laws by stating that its Eclipse cigarette brand reduced health risks.
Bloomberg News
added Jun 5, 2013 11:15

California Tobacco Bond Sale a Hit With Investors

California on Tuesday had little trouble selling $380 million in municipal bonds backed by revenue from tobacco companies, even as litigation deepens over a payment dispute related to the companies' lost market share.
The Wall Street Journal Interactive Edition
added Apr 2, 2013 19:40

FISHER: Fewer Smokers Means Higher Taxpayer Costs

A study detailed in the most recent New England Journal of Medicine confirms . . . What the CBO study shows is the litigation that showered such huge benefits on a few was based on the false premise that cigarettes cost taxpayers money. Unfortunately, t
added Nov 29, 2012 16:35
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