TITLE

Deadline Looms for Tobacco 2006 MSA Payments

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/13/2006, Vol. 356 Issue 32360, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20517415

 

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