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Kool Cigarettes. John Disney/ALM. Kool Cigarettes. John Disney/ALM.

An $11.3 billion settlement agreement from 1997 between Florida government and a group of tobacco companies was in the spotlight Tuesday when the Fourth District Court of Appeal considered whether R.J. Reynolds should continue paying millions of dollars a year for cigarette brands it no longer owns.

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Raychel Lean

Raychel Lean is ALM's Florida bureau chief, overseeing the Daily Business Review. Email her at [email protected] or follow her on Twitter via @raychellean.

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