Tobacco firms catch a break for time being
Article Abstract:
The Florida Legislature has approved a law that would limit the bond cigarette firms are required to post in appealing a jury verdict. The law will significantly lessen the risk of bankruptcy among tobacco firms for the meantime. Gov Jeb Bush is expected to sign the bill into law. The House and Senate of the Legislature unanimously approved the law which caps at $100 million the bond the tobacco industry would have to post when it appeals a verdict.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Tobacco regulatory bill criticized
Article Abstract:
Public-health advocate groups have criticized a new tobacco-regulation bill as too weak. The bill, authored by Sen. Bill Frist (R-TN) and Sen. John McCain (R-AZ), has also failed to gain bipartisan support. The legislation will require the Food and Drug Administration to disclose tobacco ingredients and regulate tobacco advertising and sales to children, as well as encourage the development of tobacco products that are less harmful.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Big tobacco tells Florida jury it has reformed
Article Abstract:
Philip Morris Inc, in behalf of other tobacco product manufacturers, are in the process of convincing a jury in Miami, FL, that the entire industry has become more socially responsible. The move, which included an appeal that cigarette manufacturers be left to continue with its good work, is seen as a strategy aimed at avoiding a multi-billion dollar verdict set for mid-Jun 2000, in a class-action lawsuit being heard in the state.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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