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Judge: ITG is liable for Florida tobacco settlement payments

Por: ABC News Business October 04, 2022

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DOVER, Del. -- Cigarette manufacturer ITG Brands assumed liability for tobacco settlement payments to the state of Florida when it acquired four brands from Reynolds American in 2015, a Delaware judge has ruled.Vice Chancellor Lori Will ruled Friday that, as a result, ITG must compensate Reynolds American for losses due, granting summary judgment in favor of Reynolds.Reynolds sold the Kool, Winston, Salem and Maverick brands to ITG in 2014 to... + full article



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