Tobacco Master Settlement Agreement

Endo Announces Execution of Definitive Settlement Agreement and Release Resolving Tennessee State Court Case

Retrieved on: 
Wednesday, August 4, 2021
Endo International, Civil procedure, Civil law, Settlement, Opioid, Legal case, Law, Pharmaceutical companies, Companies

DUBLIN, Aug. 4, 2021 /PRNewswire/ --Endo Internationalplc(NASDAQ: ENDP) today announced that its wholly-owned subsidiariesEndo Health Solutions Inc.andEndo Pharmaceuticals Inc.(collectively, "Endo") have executed a definitive Settlement Agreement and Release (the "Settlement Agreement") resolving an opioid-related case originally captioned asStaubus, et al.

Key Points: 
  • DUBLIN, Aug. 4, 2021 /PRNewswire/ --Endo Internationalplc(NASDAQ: ENDP) today announced that its wholly-owned subsidiariesEndo Health Solutions Inc.andEndo Pharmaceuticals Inc.(collectively, "Endo") have executed a definitive Settlement Agreement and Release (the "Settlement Agreement") resolving an opioid-related case originally captioned asStaubus, et al.
  • The Staubus case involved claims by nine counties in eastern Tennessee, eighteen cities and towns within those counties and one individual plaintiff.
  • The settlement includes no admission of wrongdoing, fault or liability of any kind by Endo, and the settlement value should not be extrapolated to any other opioid-related cases or claims.
  • All forward-looking statements in this press release reflectEndo'scurrent expectations of future events based on information available toEndoas of the date of this press release.

Endo Announces Execution of Definitive Settlement Agreement and Release Resolving Tennessee State Court Case

Retrieved on: 
Wednesday, August 4, 2021
Endo International, Civil procedure, Civil law, Settlement, Opioid, Legal case, Law, Pharmaceutical companies, Companies

DUBLIN, Aug. 4, 2021 /PRNewswire/ --Endo Internationalplc(NASDAQ: ENDP) today announced that its wholly-owned subsidiariesEndo Health Solutions Inc.andEndo Pharmaceuticals Inc.(collectively, "Endo") have executed a definitive Settlement Agreement and Release (the "Settlement Agreement") resolving an opioid-related case originally captioned asStaubus, et al.

Key Points: 
  • DUBLIN, Aug. 4, 2021 /PRNewswire/ --Endo Internationalplc(NASDAQ: ENDP) today announced that its wholly-owned subsidiariesEndo Health Solutions Inc.andEndo Pharmaceuticals Inc.(collectively, "Endo") have executed a definitive Settlement Agreement and Release (the "Settlement Agreement") resolving an opioid-related case originally captioned asStaubus, et al.
  • The Staubus case involved claims by nine counties in eastern Tennessee, eighteen cities and towns within those counties and one individual plaintiff.
  • The settlement includes no admission of wrongdoing, fault or liability of any kind by Endo, and the settlement value should not be extrapolated to any other opioid-related cases or claims.
  • All forward-looking statements in this press release reflectEndo'scurrent expectations of future events based on information available toEndoas of the date of this press release.

KBRA Assigns Ratings to Northern Tobacco Securitization Corporation Tobacco Settlement Asset-Backed Bonds, Series 2006

Retrieved on: 
Monday, June 7, 2021
Banking, Professional services, Finance, Tobacco control, Tobacco in the United States, Finance, Tobacco Master Settlement Agreement, Money, United States housing bubble, Structured finance, Tobacco, Credit risk, Securitization, Credit rating agency, Bond

Kroll Bond Rating Agency (KBRA) assigns ratings to five classes of Tobacco Settlement Asset-Backed Bonds, Series 2006 issued by Northern Tobacco Securitization Corporation.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns ratings to five classes of Tobacco Settlement Asset-Backed Bonds, Series 2006 issued by Northern Tobacco Securitization Corporation.
  • The bonds are collateralized by an 80% portion of the tobacco settlement payments that are required to be made by tobacco manufacturers to the State of Alaska under the 1998 Tobacco Master Settlement Agreement (MSA).
  • Numerous smaller tobacco manufacturers joined the MSA after the OPMs and are referred to as subsequent participating manufacturers (SPMs).
  • After the MSA was signed, many states and local governments securitized some or all of their rights to receive future settlement payments.

Global Cigarettes Market Review 2014-2018 and COVID-19 Impact Assessment to 2024 - Major Consolidations Prompted by Declines in Traditional Cigarette Sales - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 30, 2020
Tobacco, Retail, Carcinogens, Smoking, Electronic cigarettes, Tobacco control, Cigarette, Tobacco, Electronic cigarette, Tobacco Master Settlement Agreement

The "The Global Cigarettes Market and the Impact of COVID-19 in the Medium Term" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Global Cigarettes Market and the Impact of COVID-19 in the Medium Term" report has been added to ResearchAndMarkets.com's offering.
  • The global cigarettes market was equal to 626.09 billion USD (calculated in retail prices) in 2014.
  • During the last few years there has been an obvious process of consolidation on the overall tobacco market, prompted by declines in traditional cigarette sales.
  • This is the most detailed (COVID-19 updated) and comprehensive report about the global cigarettes market, covering all global regions and 151 single countries.

Global Cigarette Market Outlook to 2024 - A $1.12 Trillion Opportunity: Increasing Disposable Incomes in Developing Countries Presents Lucrative Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 27, 2019
Professional services, Consulting, Tobacco, Smoking, Human behavior, Electronic cigarettes, Cigarette, Tobacco Master Settlement Agreement, Illicit cigarette trade

The "Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
  • Most of the cigarettes are produced with a reconstituted product of tobacco which include the recycled stems of tobacco.
  • There are large number of suppliers of these materials present in the market which is driving the production of cigarette.
  • The global cigarette market is highly concentrated in nature with the presence of few manufacturers who have been competing in terms of prices and quality.