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Headlines Tagged with Settlements 14,718 headlines found

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[Missouri] Gubernatorial candidate Chris Koster right about $50 million on the line with tobacco loophole

In his tweet, Koster called upon the legislature to #FixTheLoophole, which he says will save Missourians $50 million. The so-called tobacco loophole is money the state hopes to get from five big tobacco companies if it takes a tougher line with smaller
PolitiFact (St. Petersburg (FL) Times
added Apr 9, 2017 19:52
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Rhode Island settles in principle with tobacco companies in MSA dispute

As a result of Kilmartin’s recent settlement, Rhode Island will receive $10 million this fiscal year and the state’s tobacco bondholders will receive $40 million. "Not only does this settlement resolve significant risk for both the bond holders and t
Legal NewsLine
added Apr 9, 2017 19:52
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[Illinois] Things may get even worse for ‘Fast Eddie’ Vrdolyak, lawyers hint

A grand jury hit Vrdolyak, 79, last November with a 19-page federal indictment that outlined 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 Vr
Chicago Sun-Times
added Apr 6, 2017 02:03
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[New Mexico] NM slated to receive $50M from Big Tobacco

New Mexico will receive an additional $14.5 million this year from Big Tobacco after a state District Court judge ruled this week that the cigarette industry had been shortchanging the state in its annual payments under a nearly 20-year-old settlement ag
Santa Fe (NM) New Mexican
added Mar 29, 2017 20:42
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[New Mexico] Judge: Tobacco companies owe NM $14.5M

Attorney General Hector Balderas said Tuesday that the state will get an estimated $14.5 million in additional funding next month, after a judge sided with the AG’s Office in a dispute over whether tobacco companies had previously paid less than they sho
Albuquerque Journal
added Mar 29, 2017 20:16
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Texas Appeals Panel: Tobacco Tax Does Not Violate U.S. Constitution ($$)

found that a tax enacted on nonparticipating manufacturers in a statewide tobacco settlement does not violate the equal protection and due process clauses of the U.S. Constitution and reversed summary judgment granted to the small tobacco companies (Glenn
Lexis Nexis
added Mar 29, 2017 19:00
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[Louisiana] Tobacco settlement fund takes a hit

The cause: fewer cigarettes being bought. Nearly every state in the U.S. receives money – $140 million from lawsuits filed against tobacco companies annually and in perpetuity in settlement revenues from the federal government after winning a 1999 lawsui
Shreveport (LA) Times
added Mar 29, 2017 02:44
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Texas 'Small Tobacco' Tax Beats Constitutional Challenge ($$)

rejected argument by the Texas Small Tobacco Coalition that a state law imposing steeper tax burdens on tobacco companies that did not settle a lawsuit violates the equal protection and due process clauses of the U.S. Constitution.
Law360
added Mar 25, 2017 20:56
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Appeals court upholds Texas cigarette tax

Dismissing a lawsuit filed by small tobacco companies, an Austin-based appeals court ruled Friday that state regulators could impose a special tax on cigarette makers that weren’t part of a multibillion-dollar settlement reached with Big Tobacco in the l
Austin (TX) American-Statesman
added Mar 25, 2017 17:10
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[Connecticut] Blumenthal’s former firm remembers ‘a brilliant lawyer’

before questioning Judge Neil Gorsuch, U.S. Sen. Richard Blumenthal harkened back...it is more than a quarter century since Blumenthal left his own private practice behind for an extended run in public service, first as Connecticut attorney general with a
Stamford (CT) Advocate
added Mar 24, 2017 12:21
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