Word: liggett
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...ORLEANS: The Liggett Group, America's fifth largest cigarette maker, agreed Friday to end lawsuits with five states by paying their Medicaid costs for smoking-related ailments. Liggett consented to pay Mississippi, Massachusetts, Florida, Louisiana and West Virginia ten million dollars and seven and a half percent of its annual profit for the next 25 years. In addition, the states are entitled to divide two and a half percent of Liggett's yearly profits to compensate future Medicaid costs, and annual payments to cover state medical expenses already incurred. Another five percent of the tobacco company's income...
...legal defense--overwhelming force has. As RJ Reynolds lawyer J. Michael Jordan put it in a 1988 memorandum, "To paraphrase General Patton, the way we won those cases was not by spending all of Reynolds' money but by making that other son of a bitch spend all his." Liggett Group, for instance, spent an estimated $75 million fighting the Cipollone case in New Jersey; though the jury awarded the husband of Rose Cipollone, who died of lung cancer, $400,000 in damages, that verdict was overturned on appeal. Tobacco experts insist they are undaunted by the slew of new lawsuits...
...smoker's widow and three current smokers in New Orleans, as a class action, which means that anyone in the country who has failed to quit despite a doctor's warning that smoking is unhealthy may join the suit. Defendants include American Tobacco, Philip Morris, R.J. Reynolds, Lorillard and Liggett. R.J. Reynolds responded that the judge's decision violated the rules governing class action lawsuits and would place "an unwieldy burden" on the courts. But John Banzhaf, executive director of the national anti-smoking organization Action on Smoking and Health, toldTIME law reporter Andrea Sachsthat the lawsuit "could...
...pileup of confusions that those reforms might clear away is obvious from Adler's description of the 1989 lawsuit that Liggett & Myers, the giant tobacco company, brought against Brown & Williamson, a rival that Liggett accused of unfair competition. After an eight-month trial that hinged on notions like "predatory price discrimination" and "price-value submarkets," jurors had to rely on memory alone to recall testimony that filled 108 volumes. The judge's 81-page instructions gave them such helpful hints as this one: "You may wish to reject an inference of predatory intent if you find that a substantial motivation...
According to the Antitrust and Trade Regulation Report, Areeda's client accused Brown & Williamson Tobacco Corp. of violating anti-trust laws by offering volume discounts to force Liggett to raise prices on generic cigarettes...