Tobacco company gets creditor protection in $15B Quebec lawsuit

Philippines News News

Tobacco company gets creditor protection in $15B Quebec lawsuit
Philippines Latest News,Philippines Headlines
  • 📰 CTVNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 99%

Rothmans, Benson & Hedges has become the third tobacco company to receive a temporary reprieve from compensating 100,000 Quebec smokers after securing creditor protection in an Ontario court on Friday.

Imperial Tobacco Canada and JTI-Macdonald Corp. were both granted creditor protection earlier this month.

Rothmans, Benson & Hedges said in a statement that the Ontario Superior Court has stayed legal proceedings against all three companies until April 4-5. "While RBH disputes liability in the Canadian litigation given the widespread awareness of the health risks of smoking, we are optimistic about reaching an arrangement that could resolve all pending litigation and allow RBH to focus on the future," Managing Director Peter Luongo said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CTVNews /  🏆 1. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Safety recall sidelines hundreds of buses in QuebecSafety recall sidelines hundreds of buses in QuebecQuebec bus manufacturer Nova Bus has recalled 600 hybrid models over a steering issue, affecting transit authorities across the province.
Read more »

Steering problem forces authorities to pull more than 600 Quebec buses off the roadSteering problem forces authorities to pull more than 600 Quebec buses off the roadNova Bus ordered immediate inspections after finding a fault with the power steering in hybrid buses delivered between 2016 and 2019 to operators in the province’s nine largest cities
Read more »

'Heartwarming' public response after legion branch robbed of access ramp'Heartwarming' public response after legion branch robbed of access rampMembers of the Royal Canadian Legion in Pierrefonds-Roxboro, Que. were shocked to find someone had stolen the building’s custom access ramp.
Read more »

Quebec announces creation of expert panel to improve support for sexual assault, domestic violence victimsQuebec announces creation of expert panel to improve support for sexual assault, domestic violence victimsJustice Minister Sonia LeBel is convening the panel two months after Quebec’s four main political parties held a non-partisan meeting on the issue
Read more »

New Zealand and Quebec, and how crime fiction helps us understand these devastating mosque shootingsNew Zealand and Quebec, and how crime fiction helps us understand these devastating mosque shootingsThere is something unique that can be communicated through art that would otherwise be left unsaid – the heft and shape of what we carry. The feeling of what it’s like to carry it
Read more »

Quebec First Nation and federal government reach claims agreement for more than $116-millionQuebec First Nation and federal government reach claims agreement for more than $116-millionFirst Nation members accepted a settlement for 29 claims within the town of Maniwaki and can request that 363 acres of land could be added to the reserve as part of the settlement
Read more »

Algonquin First Nation Signs Historic $116-Million Settlement With OttawaAlgonquin First Nation Signs Historic $116-Million Settlement With OttawaKitigan Zibi Anishinabeg First Nation signs historic $116-million settlement with Ottawa cdnpoli
Read more »

Missing in Mexico: Search underway for Quebec man who disappeared divingMissing in Mexico: Search underway for Quebec man who disappeared divingMissing in Mexico: Search underway for Quebec man who disappeared diving; $43K raised to fund efforts
Read more »

'We don't know what happened': Search expands for Quebec diver missing in Mexico'We don't know what happened': Search expands for Quebec diver missing in MexicoAs supporters continue to donate money to a GoFundMe campaign, a friend of a Quebec man who went missing while diving in Mexico says those funds are going towards expanding the search for him.
Read more »

Speaker relegates Parti Quebecois to fourth-place status in Quebec legislatureSpeaker relegates Parti Quebecois to fourth-place status in Quebec legislatureFor the first time since its creation in 1968, the PQ is no longer the leading sovereigntist party in the national assembly
Read more »



Render Time: 2025-03-05 06:01:53