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Sunlei

(22,651 posts)
Tue Jun 2, 2015, 08:02 AM Jun 2015

Tobacco firms to pay billions in damages in Canada

Source: BBC

A Canadian court has ordered three tobacco companies to pay C$15.5bn (£8bn; $12bn) - the largest award for damages in the country's history.

Imperial Tobacco Canada, Rothmans Benson & Hedges and JTI-MacDonald vowed to appeal against the decision.

The class-action lawsuits were filed in 1998, but only recently went to trial in the courts.

US courts often order tobacco companies to pay large awards but, upon appeal, the headline figure is often reduced substantially - a $28 bn against Philip Morris was reduced to $28 million on appeal in 2011.


Read more: http://www.bbc.com/news/world-us-canada-32969338

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Tobacco firms to pay billions in damages in Canada (Original Post) Sunlei Jun 2015 OP
Only in Quebec and it will be appealed. n/t OnlinePoker Jun 2015 #1
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