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Manhattan Supreme Court Justice Charles E. Ramos on Tuesday froze further payments on a $625 million arbitration award to the six law firms that represented New York state in its litigation against the tobacco industry, which resulted in a $208 billion nationwide settlement in 1998. Ramos said he was reviewing the reasonableness of the sum, and observed that "a fee of this magnitude probes the limits of propriety."
October 23, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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