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|    mtl.general    |    Ahh Montreal, home of good strip joints    |    39,416 messages    |
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|    Message 39,153 of 39,416    |
|    CoughItUp to All    |
|    =?UTF-8?Q?Big_tobacco_says_it_can=27t_af    |
|    09 Jul 15 14:07:19    |
      From: brewnoserii@gmail.com              Then maybe it should be allowed to go under scrutiny of bankruptcy laws and go       out of business, eh?       ___________________________       montreal.ctvnews.ca - Thursday, July 9, 2015              Big tobacco says it can't afford to pay Quebecers billions              Three major cigarette companies were back in court Thursday, beginning the       appeal process for the historic $15-billion payout for Quebec smoking victims.              When the judgment came down, the judge ordered that the tobacco companies pay       a $1 billion immediately to the victims, people who believed the fake       scientific arguments brought forward over a quarter of a century ago by those       companies that suggested        smoking wasn't as dangerous for your health as most scientists had claimed it       was.              Among other things, the tobacco companies say they're unable to pay that       money, and that even paying a portion of that amount could push them to the       brink of bankruptcy.              Related Stories        Judge awards $15 billion to Quebec smokers        Plaintiffs feel vindicated by $15B tobacco judgment              The tobacco companies argue that in the event they win their appeal, they       wouldn't be able to recoup the $1 billion they've been ordered to shell out.        The appeal process could last years.              The three firms are supposed to split the $15.6 billion payment according to a       responsibly set out by the court -- 67 per cent for Imperial Tobacco ($10.5       billion), 20 per cent for Rothmans, Benson & Hedges ($3.1 billion) and 13 per       cent for JTI-       Macdonald ($2 billion).              Anti-tobacco activists were also present at the Thursday hearing, and tore       apart the arguments from big tobacco.              The panel of three judges may hand down their ruling as early as next week,       since the 60-day deadline for that initial payment is approaching.       ________________________________________________              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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