Pa. Tobacco Settlement Payment Can't Be Cut, Judge Told

Law360, Philadelphia (March 7, 2014, 6:13 PM EST) -- A panel of arbitrators held Pennsylvania to arbitrary standards when they ruled in September that the state's portion of a $206 billion settlement deal with the nation's largest tobacco companies could be reduced due to lax tax collection efforts, attorneys for the state argued Friday.

Attorneys for the state urged a Philadelphia County judge to set aside the panel's September decision, which officials say could cost the state some $200 million, after arguing that the arbitrators had ignored plain evidence of the state's efforts to comply...
To view the full article, register now.