Ore. High Court Tells Philip Morris To Pay State $47M

Law360, New York (December 2, 2011, 9:01 PM EST) -- The Oregon Supreme Court ruled Friday that Philip Morris USA Inc. must pay Oregon about $47.7 million from a 1999 wrongful death verdict, rejecting the tobacco maker's argument that the state had forfeited its right to the money by signing a 1998 master settlement agreement with cigarette makers.

Oregon signed on to the $200 billion master settlement agreement between Big Tobacco and the attorneys general of 46 states, putting an end to many lawsuits seeking compensation to help their states recover the costs incurred on their...
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