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Headlines Tagged with Settlements 14,796 headlines found


Bouchard: Tobacco Company Still Responsible for Florida Settlement Payments

The Delaware Court of Chancery on Thursday blocked an attempt by tobacco company ITG Brands to extricate itself from a dispute over $30 million in annual settlement payments owed to the state of Florida after the company acquired four popular brands of ci
added Dec 28, 2017 22:58
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Colorado is using pot tax money to save programs funded by big tobacco settlement

But that money is already starting to dwindle, so state legislators have scrambled to find a source of funds that could ensure those helpful programs don’t disappear. The most obvious, if not ironic, source: marijuana money.
Denver (CO) Post
added Dec 28, 2017 22:51

State of Florida v American Tobacco Company, (PDF)

Reynolds is still obligated to make the payments pursuant to the Florida Agreement unless and until it is able to have Imperial (or some other entity) actually become its true "successor" or true "assign."
Florida Attorney General's Office
added Dec 28, 2017 16:34

Court Orders Tobacco Company to Honor Florida’s Historic Tobacco Settlement

After the June 2015 sale, RJR stopped making payments on these brands, costing the state an estimated $30 million a year in perpetuity. “Today’s ruling will ensure Florida’s landmark tobacco settlement is honored and our state receives the money it is ow
Florida Attorney General's Office
added Dec 28, 2017 15:39

Tobacco mogul stokes Raoul's bid for Illinois AG

Sen. Kwame Raoul of Chicago...has received 10 contributions of $10,000 each from companies operated by Don Levin. Levin's Top Tobacco is one of the parties to the national pact that Madigan enforces and oversees here in Illinois. Madigan's office confirm
Crain's Chicago Business
added Dec 22, 2017 01:33

[Maine] Advocates call for increased tobacco prevention funding

Teen smoking rates are on the rise in Maine, leading health advocacy groups to call for the state to use more of the money it receives from a federal tobacco settlement to fund tobacco prevention.
AP - Associated Press
added Dec 22, 2017 01:31

[Maryland] Icon Honors Winners: Peter Angelos CEO, Partner Angelos Law

Angelos is one of the most well-known trial attorneys in Maryland and the nation....He also successfully brought a lawsuit on behalf of the state of Maryland against tobacco giant, Philip Morris. As a result, Angelos and his team successfully secured a $4
The Daily Record (Baltimore, MD)
added Dec 19, 2017 03:54

EDITORIAL: Why aren’t Missouri and Kansas spending tobacco settlement money on helping smokers kick the habit?

Missouri’s reluctance to spend any money to help people stop smoking is fiscally irresponsible... The state has more smokers than other states because it encourages the habit. The state’s tobacco tax — just 17 cents per pack — is the lowest in the nation
Kansas City (MO) Star
added Dec 18, 2017 16:21
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Arkansas Senate: Tobacco Settlement funds spend many ways to improve health in Arkansas

At the December meeting of the Arkansas Tobacco Settlement Commission the governor made a surprise appearance. He wanted to thank commissioners for their help in providing home care and services to about 500 people with developmental disabilities.
Magnolia (AR) Reporter
added Dec 18, 2017 16:10

Muni Debt That Beat Stocks Likely Won't Deliver Repeat Next Year

High-yield municipal bonds backed by legal-settlement payments from tobacco companies have returned 20.4 percent this year, more than the S&P 500 index. Don’t expect a repeat in 2018.
Bloomberg News
added Dec 18, 2017 16:02
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