Tobacco Giants Seek Extension on Suspension of Legal Proceedings
Companies aim to maintain status quo as they negotiate a multi-billion dollar settlement with creditors and class-action members.
- JTI-Macdonald Corp., Rothmans, Benson & Hedges, and Canada Ltd. are requesting an extension of the stay of proceedings until March 2025.
- The hearing for the extension has been postponed to October 31, with the current stay extended until that date.
- The suspension of legal proceedings was first granted in early 2019 after the companies lost an appeal in a landmark Quebec case.
- Health advocacy groups express concerns about delays and lack of public information, fearing a missed opportunity for regulatory measures.
- The companies were ordered to pay over $15 billion to about 100,000 Quebecers in two class-action lawsuits involving smokers who fell ill or became addicted between 1950 and 1998.