The smoke has yet to clear from the great tobacco bond debate
- State court says New York city's share of tobacco settlement is reasonable. Kruger, Daniel // Bond Buyer;07/19/99, Vol. 329 Issue 30685, p36
Reports on New York appellate court decision on New York City's appeal for larger share of tobacco settlement payments. New York City's disqualification for a larger share in tobacco settlement; Plaintiff's argument on the irregularity of settlement payments distribution.
- Nassau seeks plan B. Kruger, Daniel // Bond Buyer;05/07/99, Vol. 328 Issue 30636, p1
Reports that Nassau County, New York is restructuring its plan to use tobacco-settlement-backed municipal bonds to help close an approximately $300 million budget deficit. Dispute between New York State and its counties over how to divide the settlement; Delay in the sale of the bonds; New York...
- New York City's tobacco bond plan raises rating, structure questions. Kruger, Daniel // Bond Buyer;01/29/99, Vol. 327 Issue 30568, p48
Reports on the favorable response given by investors to New York City's plan to sell bonds backed by the city's share of the nationwide tobacco settlement. Creation of the Transitional Finance Authority; Speculations about the bonds' structure and security; Tobacco companies involved in the...
- Florida May Insure Settlement Funds Should Big Tobacco Fold. Sigo, Shelly // Bond Buyer;04/07/2000, Vol. 332 Issue 30866, p3
Reports on Florida's efforts to protect its ability to issue bonds against its tobacco industry settlement revenues as of April 7, 2000. State legislature's plan to insure the revenues should tobacco companies fail due to damages awarded by juries.
- Will Nassau Trump NYC? Kruger, Daniel // Bond Buyer;10/04/99, Vol. 329 Issue 30739, p1
Reports on the legal developments affecting the ability of municipalities to issue bonds backed by revenues from the tobacco settlement in the United States. New York City and Nassau County, New York's separate bids to become the first to issue such bonds; Effects of the civil suit filed by the...
- Tobacco bill markup delayed. // Business Insurance;03/30/98, Vol. 32 Issue 13, p2
Reports on the delay regarding the March 31, 1998 markup of legislation to implement the proposed $368.5 billion settlement between the tobacco industry and 40 state attorneys general. Impact of a draft Commerce Committee bill on cigarette makers; Details on an agreement between the industry and...
- Tobacco may have smoked the states. Myers, Dennis // Las Vegas Business Press;11/30/98, Vol. 15 Issue 48, p5
Opinion. Comments on the states' settlement with the United States tobacco industry, with focus on Nevada's part of the settlement. Possibility that Nevada may not get most of share because it is already owed somewhere; Update on a national bill allowing the states to keep all of recovery;...
- Blowing smoke on the Hill over the tobacco deal. Stone, Peter H. // National Journal;6/28/97, Vol. 29 Issue 26, p1336
Focuses on the jockeying for position to improve and/or implement the billion-dollar settlement between the tobacco industry and its legal and political foes. Need for President Bill Clinton's approval of the agreement; Enactment of key measures; Criticisms over provisions in the agreement.
- Forty-six states sign on to tobacco settlement. // Nation's Health;Dec98/Jan99, Vol. 28 Issue 11, p1
Reports on the multi-state settlement reached with the tobacco industry in the United States in November 1998. Terms under the settlement approved by 46 states; States that already settled cases with the tobacco industry; What the state settlement does not provide.