Tobacco Cos. Drop Row With 12 States Over MSA Payments

Law360, New York (November 4, 2011, 5:27 PM EDT) -- Philip Morris USA and other tobacco giants have dropped disputes with a dozen states over millions of dollars in payouts under a 1998 master settlement agreement that resolved 46 states' health claims against big tobacco, attorneys general for Vermont and South Dakota said Friday.

The companies are releasing 12 states and four territories from claims that they failed to enforce laws enacted under the 1998 deal, which would have entitled the tobacco giants to reduce payments to those states for the year 2003 by millions of...
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