No End In Sight For Engle Suits, Even With Liggett Deal
By Greg Ryan
Law360, New York (October 23, 2013, 8:27 PM ET) -- Despite their counterpart Liggett Group LLC's groundbreaking $110 million settlement in Florida's Engle litigation Wednesday, Philip Morris USA Inc. and R.J. Reynolds Tobacco Co. are expected to keep fighting the cases over the long haul, given their historical aversion to settlement and the far greater liability they face.
The Liggett agreement all but extricates the company from the suits, resolving the claims of more than 4,900 plaintiffs and leaving only about 400 of the lawsuits against Liggett standing. Its deal makes Liggett the first of the...