Delaware Chancellor Sides With Sellers Of Tobacco Brands In State Settlement Suit

(December 12, 2017, 9:28 AM EST) -- WILMINGTON, Del. — A chancellor of the Delaware Chancery Court on Nov. 30 granted R.J. Reynolds Tobacco Co. and Reynolds American Inc.’s motion for partial judgment on the pleadings against them after finding that their responsibility for reaching a settlement with Florida in the tobacco Master Settlement Agreement (MSA) ended when they sold four cigarette brands to ITG Brands LLC (ITG Brands LLC v. Reynolds American Inc., et al., No. 2017-0129, Del. Chanc.)....

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