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Headlines Tagged with Settlements 14,380 headlines found


[Texas] State Supreme Court Will Review Tax on "Small Tobacco"

The case centers on House Bill 3536, passed two years ago, which imposes a 55-cent fee on each pack of cigarettes produced by Small Tobacco. State Rep. John Otto, who wrote the bill, said at the time his goal was to “level the playing field” — tax smaller
The Texas Tribune
added Oct 9, 2015 13:41

Most Feared Plaintiffs Firm: Motley Rice ($$)

inking wrongful death and personal injury settlements between smokers and three major tobacco companies, Motley Rice LLC has again earned a spot among Law360's Most...
added Oct 8, 2015 09:59

[Wyoming] Legislature to consider tobacco tax increase

Lawmakers may consider raising tobacco taxes next year in Wyoming, where smoking rates are higher and taxes lower than the national average. A state account that distributes interest and payments from cigarette companies as a result of a 1998 lawsuit an
Casper (WY) Star-Tribune
added Oct 7, 2015 13:57

Americans Are Smoking Again, a Boon for Municipal Tobacco Bonds

Americans are boosting spending on cigarettes for the first time in almost a decade.’s fueling a rally in one of the riskiest corners of the municipal-bond market. High-yield tobacco bonds, which are repaid from legal-settlement money that state and
Bloomberg News
added Oct 6, 2015 21:41

Fitch Publishes Updated Criteria for Rating U.S. Tobacco Settlement ABS

The updated criteria discloses the assumptions Fitch uses in its cash flow model, which incorporate break-even rates for possible declines of the master settlement agreement (MSA) payment amount. Fitch's starting point in the break-even analysis is the m
Business Wire
added Oct 6, 2015 12:28

Missouri no longer is due $50 million from tobacco lawsuit settlement

Budget director Dan Haug on Monday said an appeals court ruling in September means the state won't get the money unless a planned appeal to the state Supreme Court is successful. Missouri's budget had banked on the money. Haug says the state is reviewin
KYTV KY3 (Springfield, MO)
added Oct 5, 2015 19:00

[Connecticut, Florida] The Tobacco Cases

CIPOLLONE CASE The plaintiff in Cipollone v. Liggett Group was Rose Cipollone, who began smoking in 1942, when she was 16 years old. Shortly before she died of lung cancer in 1984 at the age of 58, her husband sued the company that manufactured the ciga
American Museum of Tort Law
added Oct 4, 2015 11:33

[Virginia] Proposed passenger rail, museum expansion among projects funded by Tobacco Commission

unanimously approved a $250,000 grant to the city of Bristol, Virginia for a study of extending Amtrak service from Roanoke to Bristol and beyond...also allocated $250,000 to the Birthplace of Country Music for its proposed renovations of a building that
Bristol (VA) Herald-Courier
added Sep 25, 2015 11:28

Amended: Fitch Completes U.S. Tobacco ABS Portfolio Review

Fitch Ratings has completed its annual review of tobacco ABS ratings accounting for the amount of Master Settlement Agreement (MSA) payment received by each trust in 2015. For 2015, the aggregate MSA payment was 0.36% higher than the amount 2014.
Business Wire
added Sep 23, 2015 13:40

CARTER: Lasting impact of Indiana tobacco battles essential, costly

Defending a $100 million dollar-plus annual payment from attacks by well-funded tobacco lawyers requires hundreds of thousands or more to be spent each year by Indiana fighting this challenge. For the years I represented Indiana, my payment represents .00
The Times of Northwest Indiana
added Sep 22, 2015 17:36
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