TITLE

Market Remains Steady Despite Ongoing Litigation Activity

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/23/2005, Vol. 351 Issue 32096, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the stability of tobacco bond yields despite ongoing litigation activity. Announcement that the federal government and the tobacco industry have begun negotiations that could put to bed a 1999 racketeering lawsuit; Citation of appeal bond amounts have by the tobacco industry as one of the greatest impediments to their ability to fight lawsuits; Data on tobacco bond yields; Approval by the New York Senate of a budget bill that includes language that would limit the amount of appeal bonds to $100 million.
ACCESSION #
16520349

 

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