CANADIAN TOBACCO COMPANIES TO APPEAL RULING THEY FAILED TO WARN SMOKERS ABOUT CIGARETTE HEALTH RISKS

CANADIAN tobacco majors have sought creditor protection after the Quebec Court of Appeal upheld two class action rulings, warning appellants Imperial Tobacco Canada Ltd, Rothmans, Benson & Hedges (RBH) and JTI-Macdonald Corp are liable to pay Canadian dollars CAD13.6 billion (USD10.2 billion) in damages to sick smokers. Both Imperial and JTI-Macdonald subsequently filed for protection under Canada’s Companies' Creditors Arrangement Act (CCAA) following the judgement, issued on March 1, which sparked a demand that the three companies immediately pay the ...


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