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August 24, 2010
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Arbitration News

 

Attorney General's Statement On Tobacco Arbitration Decision

"My office will continue to fight attempts by Big Tobacco to reduce payments that it committed to pay in settling our lawsuit. We are helping to lead all states affected like ours by this arbitration decision.

"This decision will have no immediate effect on our tobacco funds, anticipated to be about $100 million this year and totaling $800 million since 1998. We will take steps promptly to forestall and fight any reduction because we have completely and properly fulfilled all the conditions for continued full funding by Big Tobacco.

"We hope and expect that the state will prevail in this battle.

"For payments to diminish, a court would have to find that Connecticut failed to properly enforce its tobacco laws in 2003. We did enforce our statutes that year and continue to do so.

"I am determined to fight as relentlessly as ever against tobacco addiction and disease by using resources from Big Tobacco that we won through our lawsuit. I will stop Big Tobacco from shamelessly shirking its obligations under the settlement agreement."

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Did You Know?    
 
 
Arbitration mostly leads to a binding agreement.
Arbitration is an alternative to resolving disputes in court. Arbitration allows the parties involved to choose an individual or several individuals with knowledge and expertise in the subject matter of the dispute to hear each party's evidence and present a binding decision. With arbitration, the arbitrator makes a decision for the parties involved in the dispute, as opposed to mediation, which involves a mediator actively attempting to move the parties to agreement.

 


  Newsroom  
 


News about Arbitration cases in Colorado and nationwide:

Ho-Chunk Suspend Arbitration With State And Make $30 Million Pre-Payment
The Ho-Chunk Nation and the State of Wisconsin will suspend arbitration on their compact dispute and will continue working to reach a final settlem...
Read more >


Attorney General's Statement On Tobacco Arbitration Decision
"My office will continue to fight attempts by Big Tobacco to reduce payments that it committed to pay in settling our lawsuit. We are helping to le...
Read more >


NAFTA Investor-State Arbitrations
Chapter Eleven of the North American Free Trade Agreement (the "NAFTA") contains provisions designed to protect cross-border investors and facilita...
Read more >


More Arbitration News >

 
 

Arbitration Lawyer.com Terms

 


Today's Terms

Mediation

Definition:
A confidential and voluntary process where an impartial person assists in resolving a conflict between two parties is called mediation.

Cross claim

Definition:
A cross claim is a claim by a respondent against a co-respondent.

Service

Definition:
Service is a delivery of the statement of claim or other pleadings to those parties named in the arbitration.

More Arbitration Lawyer.com Terms >

 

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Arbitration Resources

 


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Arbitration Hot Topics

 


Topics Related to Arbitration:

  • Collective bargaining
  • Uniform Arbitration Act
  • Unions
  • Commercial Arbitration
  • Juvenile Arbitration
  • Negotiation
  • Computer Aided Arbitration

More Arbitration Topics >

Colorado Arbitration Attorney

 
If you live in the following cities and need an Arbitration attorney you should contact our Arbitration Attorney as soon as possible:

  • Arvada
  • Aurora
  • Boulder
  • Brighton
  • Broomfield
  • Canon City
  • Castle Rock
  • Colorado Springs
  • Commerce City
  • Denver
  • Durango
  • Englewood
  • Evergreen
  • Fort Collins
  • Golden
  • Grand Junction
  • Greeley
  • Lafayette
  • Littleton
  • Longmont
  • Louisville
  • Loveland
  • Montrose
  • Parker
  • Pueblo
  • Westminster
  • Wheat Ridge
 


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