Lorillard Must Hold $270M To Pay Damages, Judge Says
By Samuel Howard ( January 6, 2011, 2:40 PM EST) -- A Massachusetts judge has ordered Lorillard Tobacco Co. to hold off paying dividends and to maintain at least $270 million in working capital to ensure the cigarette maker can cover damages awarded in December for a smoker's addiction and death....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.