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Philip Morris Case in IL Sparks Legislation in MO


Jefferson City, MO – Missouri's state Senate has sent Governor Holden a measure that would limit amount of money companies named in tobacco lawsuits would have to put into a bond when appealing a verdict.

The legislation was prompted by an Illinois case, where Philip Morris was ordered to post a $12 billion appeal bond.

In Missouri, appeal bonds in tobacco litigation would be capped at $50 million.

Missouri is expected to receive about $4.5 billion from the tobacco settlement. Supporters of the legislation says the goal is to protect that tobacco revenue.


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