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Headlines Tagged with Settlements 14,318 headlines found


Tobacco-backed muni bonds are high-yielding winners

High-yield tobacco debt has surged 5.2 percent this year, more than any other area of munis and beating the entire market’s 1.6 percent return, Barclays data show.
Bloomberg News
added Feb 8, 2015 18:10

[Washington] Tribal Cigarette Co. Takes Tobacco Fund Feud To High Court ($$)

King Mountain Tobacco Co. Inc. said that an 1855 treaty between the Yakama and the federal government bars the state from forcing it to pay into an escrow fund set up for cigarette manufacturers that...
added Feb 7, 2015 03:31

[Mississippi] Bill fails that would limit attorney general's power to sue

Mississippi House members are rejecting new restrictions against Attorney General Jim Hood's ability to file lawsuits or hire outside lawyers. The House voted 66-49 Wednesday to reject a House Bill 1201, which would require the governor, lieutenant gov
AP - Associated Press
added Feb 6, 2015 11:50

Rhode Island likely saves close to $1B thanks to ruling on bonds case

thanks to the outcome of a Tobacco Settlement Financing Corporation (TSFC) bonds case. The savings came after a Rhode Island Superior Court judge last month ruled in favor of the TSFC over the issuing of about $600 million in tobacco bonds.
Inside Counsel
added Feb 5, 2015 06:08

[Mississippi] Bill fails that would limit A.G.'s power to sue

Barbour — who was a tobacco lobbyist in Washington during Mississippi's lawsuit against the industry — used the tobacco money to help prop up the state budget .... The payments ... are still being spent under the current Republican governor, Phil Bryant.
Hattiesburg (MS) American
added Feb 5, 2015 05:36

[Virginia] Opinion/Editorial: Reform bill rights many problems for Tobacco Commission

One of those bills seeks to improve the state’s Tobacco Indemnification and Community Revitalization Commission, which is charged with deciding who gets economic investment money that was generated by 1998’s national tobacco settlement. In that settlemen
Charlottesville (VA) Daily Progress
added Feb 1, 2015 17:00

[California] Fitch Corrects 2014 U.S. Tobacco Portfolio Review Spreadsheet

has revised the 2014 U.S. Tobacco portfolio review spreadsheet originally published on Aug. 8, 2014. The revision was required to correct inaccurate descriptions of the prior Rating Watch/Outlook status of two series of bonds issued by the California Coun
Business Wire
added Jan 30, 2015 12:09

[Kansas] Tobacco fund sweep draws legislator’s ire

objected to Gov. Sam Brownback’s plan for using $14.5 million from the Kansas Endowment for Youth to fill part of a $280 million hole in the current fiscal year’s budget. “This is a problem, in my view,” said Rep. Stephanie Clayton, a Republican from Ove
Kansas City (KS) Kansan
added Jan 26, 2015 22:34

West Virginia’s long road to fiscal soundness

began a 40-year plan of annual payments to reduce the unfunded liability in TRS. Today it’s a healthy 66 percent funded and improving every year, thanks to ... and the deposit of $808 million the state received when it settled a lawsuit with major tobacc
West Virginia Metro News Network
added Jan 26, 2015 11:22

Analyzing the Global Tobacco Industry

Aruvians Rsearch analyzes the global tobacco industry in its research offering Analyzing the Global Tobacco Industry. The report is an in-depth profile of the tobacco industry in many countries, along with a complete analysis of the major players in the
PR Newswire
added Jan 23, 2015 12:08
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