U.S. Supreme Court declines to hear tobacco arbitration dispute

Tabaco2016 | Octubre 11
An arbitration panel found that six states, including Pennsylvania and Maryland, had not met their side of the bargain to ensure, as required, that companies that were part of the settlement did not disproportionately lose market share as a result of the terms of the deal to competitors that shunned it.

The U.S. Supreme Court on Tuesday let stand lower court rulings allowing Pennsylvania and Maryland to keep tens of millions of dollars in a dispute with tobacco companies involving the massive 1998 settlement over deceptive marketing and advertising of cigarettes.

Origen:
U.S. Supreme Court declines to hear tobacco arbitration dispute | Reuters

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