Tobacco firm opposes proposed $32.5B settlement with provinces, smokers, court documents say
One of three major tobacco companies involved in years of negotiations with creditors says it opposes the proposed multi-billion-dollar settlement announced in the case earlier this month. JTI-Macdonald Corp. has filed a document with an Ontario court indicating it does not support the proposal due to "critical outstanding issues."
One of three major tobacco companies involved in years of negotiations with creditors says it opposes the proposed multi-billion-dollar settlement announced in the case earlier this month. JTI-Macdonald Corp. has filed a document with an Ontario court indicating it does not support the proposal due to "critical outstanding issues."