Arguments Heard in Tobacco Suit

Fine, Jacob; Albanese, Elizabeth
June 2004
Bond Buyer;6/3/2004, Vol. 348 Issue 31897, p1
Trade Publication
Reports on U.S. District Judge Alvin Hellerstein's statement that it could be difficult to find that New York statutes written to implement the 1998 Master Settlement Agreement (MSA) have caused small tobacco companies to suffer irreparable damage because they have enjoyed an increase in market share in recent years. Comments made by Hellerstein during oral arguments in a hearing on a preliminary injunction motion by Freedom Holdings; Lawsuit filed by Freedom Holdings against New York officials, seeking to prohibit the state's enforcement of escrow and contraband statutes written to complement the MSA.


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