Tobacco Firms Weigh $1.1B Payment Cut

Albanese, Elizabeth
March 2006
Bond Buyer;3/29/2006, Vol. 355 Issue 32349, p1
Trade Publication
The article reports on the consideration of tobacco companies in the U.S. over the ruling of the Brattle Group regarding the companies' right to lower a planned payment of 6.5 billion dollar to the state. Tobacco companies are recommended to invoke the non-participating manufacturers adjustment in the Master Settlement Agreement (MSA) that allow for a reduced payment. These non-participating manufacturers are those companies that did not sign on to the MSA.


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