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Headlines Tagged with Settlements 14,358 headlines found

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Tobacco-Bond Deals Revived as U.S. States Conjure Up Budget Cash

Almost two decades after U.S. states settled with tobacco companies on payments for health-care costs, officials are still finding new ways to tap the revenue stream to close budget gaps and fund programs.
Bloomberg News
added Apr 13, 2015 11:12
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Louisiana Gov. Bobby Jindal Pushes for Tobacco Bond Deal ($$)

Louisiana Gov. Bobby Jindal is urging lawmakers to adopt his plan to securitize the remaining 40% of the state's tobacco revenues from the Master Settlement Agreement.
Bond Buyer Online
added Apr 12, 2015 13:43
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[Massachusetts] Group’s lawsuits aim to boost public health

there’s an intriguing twist to the suits filed in Middlesex Superior Court last month. They are the product of a new Boston group that seeks to promote public health through the courts. And these lawyers are working on several fronts, not just tobacco. T
Boston (MA) Globe
added Apr 12, 2015 12:39
13 Views

[Pennsylvania] BREAKING: Big Tobacco Must Fork Over $125M To Pa. ($$)

Pennsylvania can receive a $125 million payment by Philip Morris USA Inc. and R.J. Reynolds Tobacco Co.... The highly anticipated ruling is the first appellate decision over the settlement fund in the country.
Law360
added Apr 10, 2015 21:30
2 Views

[Pennsylvania] BREAKING: Big Tobacco Must Fork Over $125M To Pa.

Pennsylvania can receive a $125 million payment by Philip Morris USA Inc. and R.J. Reynolds Tobacco Co. that was part of the 1998 nationwide tobacco settlement over smoking-related health costs, a state appeals court ruled Friday.
Law360
added Apr 10, 2015 16:07
4 Views

[Louisiana] Fees of $1.29 million are approved by tobacco settlement board

Lawyers, financial advisers and underwriters will get paid $1.29 million to sell part of the settlement cigarette manufacturers have been paying Louisiana over the years. The Tobacco Settlement Financing Corp., the board that oversees the millions of do
Baton Rouge (LA) Advocate
added Apr 10, 2015 02:29
3 Views

[Kentucky] Beshear Vetoes Part Of Tobacco Settlement Bill, Revenue Less Than Expected

The bill had set aside money to fill an estimated $26.6 million shortfall to fund agriculture, lung cancer research and early childhood programs. The governor deleted the line that would have appropriated $26.6 million, saying that the shortfall has grow
WKU Public Radio (Western Kentucky University)
added Apr 8, 2015 10:45
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[Louisiana] Bill filed to sell tobacco settlement money

Legislation was filed Friday that will allow the Tobacco Settlement Financing Corp. to issue bonds for 40 percent of the state's tobacco settlement revenue, generating $30 million to $60 million per year for TOPS through 2023 and $150 million for coastal
Monroe (LA) News-Star
added Apr 5, 2015 13:08
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[Louisiana] Treasurer Kennedy says Jindal's tobacco scheme is no April's Fool Joke

"We're about to plunder our last savings account by selling the remaining portion of the tobacco settlement and spending the money. Even worse, we're going to ignore state law and steer millions of dollars in fees to a group of people handpicked by the D
Bayou Buzz
added Apr 1, 2015 19:25
2 Views

[Nevada] JOYCE: Transparency on hiring outside counsel can boost economy

since the tobacco settlement, many state attorneys general, including Nevada's, have hired outside contingency-fee lawyers that not-so-coincidentally also happened to be campaign contributors. Current Louisiana Attorney General "Buddy" Caldwell is so braz
Reno (NV) Gazette-Journal
added Apr 1, 2015 19:25
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