An Ontario judge says any outstanding issues regarding a proposed $32.5 billion settlement between three major tobacco companies and their creditors should be solvable in the coming months.
Ontario Superior Court Chief Justice Geoffrey Morawetz has released his reasons for approving a motion last week to have representatives for creditors review and vote on the proposal in December.One of the companies, JTI-Macdonald Corp., said last week it objects to the plan in its current form and asked the court to postpone scheduling the vote until several issues were resolved.
In a written decision released Monday, Morawetz said it was clear that not all issues had been resolved at this stage of the proceedings. While JTI-Macdonald said its concerns have not been addressed, the company's lawyer "acknowledged that the issues were solvable," Morawetz wrote."There are a number of outstanding issues as between the parties, but there are no issues that, in my view, cannot be solved," he said.
The monitors estimate it would take the companies about 20 years to pay the entire amount, the documents show.A presidential campaign marked by upheaval and rancour headed for its Election Day finale on Tuesday, as Americans decided whether to send Donald Trump back to the White House or elevate Kamala Harris to the Oval Office.
Jason Kelce issued an apology during ESPN's 'Monday Night Countdown' after a viral video captured a 'heated moment' between the retired Super Bowl champion and a fan over the weekend.As Americans prepare to elect their next president on Tuesday, new data from the Angus Reid Institute suggests Canadians hold differing views as to which federal party leaders would be best suited to deal with either Donald Trump or Kamala Harris.
In another news release littered with Taylor Swift references, the British Columbia Lottery Corporation announced the winner of its "Concert of a Lifetime" giveaway Tuesday.Some Taylor Swift fans who were unable to buy tickets to her Toronto shows are getting another shot at seeing the pop star.A frustrated Taylor Swift fan is speaking out after being pushed from a short-term rental she booked for the upcoming Vancouver leg of the superstar’s Eras Tour.
Auston Matthews has come face to face with his look-alike. On Thursday, the Maple Leafs star met seven-year-old Grayson Joseph, who went viral for dressing up as an Auston Matthews hockey card. The Alberta government is funding four new community health centres over the next two years to help support rural areas in the province.Mounties are searching for a driver who they say, in a fit of road rage, assaulted several people in the village Hay Lakes.The judge leading a fatality inquiry into the knockout death of a boxer is recommending changes to how the sport is regulated and how head injuries are monitored.The RCMP says the suspicious deaths of two people in Cole Harbour, N.S.
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