6th Circ. Remands Fight Over Tobacco Payouts

Law360, New York (November 14, 2008, 12:00 AM EST) -- An appeals court has sent a dispute between Deutsche Bank Trust Co. Americas and five Florida law firms over millions of dollars in tobacco liability settlement payments back to federal district court for further proceedings.

On Thursday, the U.S. Court of Appeals for the Sixth Circuit reversed a decision by a district court judge who said the firms were judicially estopped from claiming a right to the money, paid out by tobacco companies in the form of add-ons to quarterly payments in connection with “complex” settlement...
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