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United Parcel Service. Photo: Shutterstock

A divided panel of the U.S. Court of Appeals for the Second Circuit in Manhattan found United Parcel Service liable Thursday for shipping thousands of cartons of untaxed cigarettes, but slashed its required payout from $247 million to $97.6 million.

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Tom McParland

Tom McParland of New York Law Journal can be contacted at tmcparland@alm.com. Follow him on Twitter @TMcParlandALM.

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