Tobacco Firms Avoiding Payments: Report
- Philip Morris Makes Full '06 MSA Payment. Albanese, Elizabeth // Bond Buyer;4/4/2006, Vol. 356 Issue 32353, p1
The article reports on the payment of Philip Morris USA Inc. for tobacco bonds under the terms of the 1998 Master Settlement Agreement (MSA) in the U.S. According to the report, the company has paid 3.4 billion dollars for its 2006 payment. The companies which have signed on to the MSA have...
- Another Tobacco Filing. Albanese, Elizabeth // Bond Buyer;8/10/2004, Vol. 349 Issue 31944, p31
Reports that Arkansas Attorney General Mike Beebe has filed lawsuits in Pulaski County against five tobacco companies. Alleged failure to make payments into a state escrow fund; Provisions of the 1998 Master Settlement Agreement; Reimbursement to U.S. states for the cost of caring for smokers...
- 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.
- Tobacco's victory. Drinan, Robert F. // Christian Century;03/03/99, Vol. 116 Issue 7, p237
Focuses on the settlement offered by tobacco companies in November 1998 to the United States (US) states. Origin of the industry's exploitation of the people in the US; How the firms responded to the rise in public opinion against their product; Claims of the plaintiffs.
- Few obstacles remain for states to receive tobacco settlement funds. Kruger, Daniel // Bond Buyer;06/30/99, Vol. 328 Issue 30673, p4
Reports on the obstacles faced by states to receive tobacco settlement funds in the United States. Effects of the settlement on the securities industry; Benefits that the industry get from the settlement.
- Groups igniting fight over state tobacco money. Lentz, Philip // Crain's New York Business;01/18/99, Vol. 15 Issue 3, p1
Reports that politicians and special interest groups in New York are fighting over where to spend the amount the state is expected to receive annually from a national settlement of lawsuits against tobacco companies in the United States. Amount the state expects to receive as settlement from...