Deadline Looms for Tobacco 2006 MSA Payments

Albanese, Elizabeth
April 2006
Bond Buyer;4/13/2006, Vol. 356 Issue 32360, p4
Trade Publication
The article reports that the deadline for payments of states that signed on to the Master Settlement Agreement (MSA) with tobacco companies in the U.S. is on April 17, 2006. According to officials at R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co., they have not yet decided whether they would adjust their payments to the arbitration decision passed on by the Brattle Group. The states will have to prove that the companies have adequately implement escrow statutes ordered by the MSA.


Related Articles

  • Tobacco Firms Free $540M. SEYMOUR, DAN // Bond Buyer;3/3/2009, Vol. 367 Issue 33073, p1 

    The article reports that the U.S.-based tobacco companies have agreed to release $540 million to states to advance resolution of the disputed legal settlement payments. Lorillard Tobacco Co., R. J. Reynolds Tobacco Co., and other smaller tobacco companies have been disputing $4.35 billion in...

  • Firms Put MSA Money In Escrow. Albanese, Elizabeth // Bond Buyer;4/18/2006, Vol. 356 Issue 32362, p1 

    The article reports that tobacco producers R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co. have jointly placed their 2006 Master Settlement Agreement payments into escrow accounts pending arbitration amounting to 755 million dollars. The consignation will determine how well participating...

  • Tobacco settlement bonds in no immediate danger after payments diverted. D. M. // Asset Securitization Report;6/26/2006, Vol. 6 Issue 25, p4 

    The article reports that R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co. have diverted their April 2006 payment due to five states as part of the master settlement agreement in the U.S. The diversion is expected to result to non increase of liquidity risk in the short term. The tobacco...

  • Big Tobacco Firms Dispute '03 Payments. Albanese, Elizabeth // Bond Buyer;5/10/2005, Vol. 352 Issue 32129, p1 

    The article reports that the nation's largest tobacco companies will dispute payments to states made under the terms of the 1998 Master Settlement Agreement (MSA). Lawyers representing Lorillard Tobacco Co. and R.J. Reynolds Tobacco Co. sent letters, to a representative of attorneys general from...

  • Ohio First State to Challenge Reynolds, Lorillard in 2007. Hanson, Matthew // Bond Buyer;4/23/2007, Vol. 360 Issue 32613, p35 

    The article reports on the court motion filed by Ohio's attorney general against R.J Reynolds Tobacco Inc. and Lorillard Tobacco Inc. in Franklin County, Ohio. The state claims that it is entitled to $33.9 million share of the $672.1 million that both companies set aside into written agreement....

  • From Manufacturing to Retail, Tobacco Adapts and Changes. Bour, Norm // Tobacco International;Sep2014, Vol. 14 Issue 6, p30 

    The article describes how U.S. tobacco manufacturers like R.J. Reynolds, Lorillard and Altria are responding to the emergence of electronic cigarettes (e-cigs) and e-liquids and vaping or inhaling e-cigs' vapor. It cites major producers' establishment of noncombustible market share and...

  • Smokescreen. Goldrich, Robert // SHOOT;4/18/2003, Vol. 44 Issue 15, p4 

    Comments on the state of anti-tobacco and anti-smoking public service advertising (PSA) spots from various agencies in the U.S. Antismoking spots from Florida, Minnesota, Massachusetts, Mississippi, Arizona and California have scored multiple times in the rundown of creatively worthwhile fare....

  • Attorneys General Group Expects States to Get Full MSA Payments for '06. Albanese, Elizabeth // Bond Buyer;4/19/2006, Vol. 356 Issue 32363, p7 

    The article reports on the information released by officials from the National Association of Attorneys General that a full payment will be granted to states receiving revenue from tobacco companies under the Master Settlement Agreement in the U.S. The statement of Attorney Generals Tom Miller...

  • Government, Tobacco Firms Battle Over Disgorgement Ruling. Vadum, Matthew // Bond Buyer;11/18/2004, Vol. 350 Issue 32013, p6 

    Reports on the dispute between the United States government and the tobacco industry over the issue of disgorgement under the Racketeer Influenced and Corrupt Organizations Act (RICO) in connection with the lawsuit filed by the government against tobacco firms. Filing of suit against Philip...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics