Pennsylvania Supreme Court Denies Tobacco Companies Petition To Appeal

(January 5, 2016, 9:01 AM EST) -- HARRISBURG, Pa. — The Pennsylvania Supreme Court on Dec. 23 denied several tobacco companies’ petition for allowance of appeal of a Commonwealth Court ruling that held that Pennsylvania is entitled to reinstatement of more than $125 million in funds as part of a payment of more than $253 million under the 1998 Master Settlement Agreement (MSA) with the tobacco industry (Commonwealth of Pennsylvania, et al. v. Philip Morris USA Inc., et al., Nos. 803 C.D. 2014 and 804 C.D. 2014, Pa. Supreme; 2015 Pa. LEXIS 3056)....