Industry requests a twelfth stay: 5 years of litigation stays have allowed Big Tobacco to maintain business as usual including recruiting new addicts [Yahoo! Finance]
JAPAN TOBACCO UNSP/ADR (JAPAY)
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Source: Yahoo! Finance
Control are condemning the insolvency process that has allowed the tobacco industry to continue " to operate its business in the normal course" for five years while it avoids compensating its Quebec victims. "Nine years after their victory in a Quebec court and five years since the industry filed for bankruptcy, Quebec tobacco victims still haven't seen a single penny ," laments Flory Doucas, Co-Director and Spokesperson for the Coalition On Monday, March 25 Imperial Tobacco Rothmans, Benson & Hedges et JTI-Macdonald will ask Ontario's Chief Justice for a twelfth extension of the initial 2019 order that suspended all litigation aimed at the manufacturers and which set up a secretive negotiating process among the provinces, the Quebec class actions and others plaintiffs under the Companies' Creditors Arrangement Act (CCAA) . (The hearing will be broadcast here as of 9h00.) Since the first stay, more than 700 victims registered in two Quebec class actions have died All provinces hav
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