Tobacco firm wins payout appeal
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The US supreme court throws out a ruling that Philip Morris must pay $79.5m to the widow of a dead smoker.
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Appeals court says punitive award against Philip Morris is still &#39;excessive&#39; and must be halved. LOS ANGELES  - A California appeals court has ruled that a smoker&#39;s $3 billion punitive damages award
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Tobacco officials are expected to appeal a ruling by an NC judge that halted millions in compensation to growers by cigarette companies as local farmers struggle to make their budgets and plan for next season.
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Cigarette making giant British American Tobacco PLC, owner of Canada&#39;s largest tobacco producer, reported a 60 per cent jump in third quarter net profit Tuesday, thanks partly to lower taxation charges.
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A $10.1 billion award to smokers of &quot;light&quot; cigarettes by an Illinois judge was based only on speculation and should be thrown out, a lawyer for Philip Morris USA told the Illinois Supreme Court on Wednesday.
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The Supreme Court today agreed to hear an appeal by Exxon Mobil Corp. that seeks to overturn $2.5 billion in punitive damages a federal court ordered the company to pay for the 1989 Exxon Valdez oil spill off Alaska.
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VANCOUVER, British Columbia  - Japan Tobacco's  2914.T JTI-Macdonald Corp. unit filed for court protection  from creditors on Tuesday in a fight with Quebec tax officials,  who have accused the firm of smuggling to avoid more than $1  billion in taxes.
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WASHINGTON -- A federal judge has denied a request by tobacco companies to let them keep marketing "light" and "low tar" cigarettes until an appeal is settled in their case.
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WASHINGTON -- The Supreme Court on Monday sided with Philip Morris USA, refusing to disturb a court ruling that threw out a $10.1 billion verdict over the company's "light" cigarettes.
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The Supreme Court agreed Wednesday to let Philip Morris USA delay paying &#36;10.5 million in damages to a former smoker in California while the tobacco company contests the amount.
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Former world number one tennis player Andre Agassi has won his appeal against a High Court ruling that athletes and other professional entertainers are liable to tax on sponsors&#39; payments while working in Britain.
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Philip Morris USA challenged a $10.1 billion consumer fraud ruling Wednesday, telling the Illinois Supreme Court that its "light" cigarettes performed as advertised.
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Four people who lost all or part of their company pensions win their High Court case against the government.
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U.S. appeals court judges considered on Tuesday whether a $200 billion lawsuit against big tobacco companies by smokers of "light" cigarettes should be allowed to go ahead as a class action.
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US prosecutors will try to overturn a court ruling that threw out its claim for $280bn in damages from the nation's major tobacco firms.
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A state appeals court upheld a &#36;500,000 award to a flight attendant who blamed secondhand smoke on airliners for her bronchitis and sinus trouble &#151; a decision Wednesday that could clear the way for damage trials on up to 3,000 similar claims.
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A U.S. appeals court on Friday rejected the government's bid to force cigarette makers to pay &#36;280 billion in past profits, striking the toughest sanction from the racketeering case and lifting tobacco stocks.