New York state is not entitled to its own separate arbitration to determine whether it must contribute to a $1.1 billion adjustment that the tobacco industry has won for payments it must make under the 1998 nationwide tobacco settlement, a unanimous appeals court has ruled.

In an unsigned ruling, the Appellate Division, 1st Department, last week reversed a January decision by Manhattan Supreme Court Justice Charles E. Ramos granting the state attorney general’s request for a separate arbitration and ordering the tobacco industry to select an arbitrator for the single-state arbitration.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]