FLORIDA RULES OF CIVIL PROCEDURE

CONTACT INFORMATION

Cox Law Office
156 East Bloomingdale Ave.,
Brandon, 33511
Phone: (813) 685 8600

LIKE US ON FACEBOOK

A Contract is a Contract

 The 4th District Court of Appeal affirmed the underlying trial court that held Reynolds remained liable for the annual settlement payments to the state of Florida despite Reynolds’ Asset Purchase Agreement (“APA”) with ITG.  That entity, ITG, was to assume “all Liabilities under the State Settlements in respect of the Acquired Tobacco Cigarette Brands that relate to the period after the Closing Date.”  Neither Reynolds nor ITG made the required annual payment to the State of Florida arising under the prior Florida Settlement Agreement that required large annual payments to be made in perpetuity by Reynolds.

See link: https://www.4dca.org/content/download/641672/7288381/file/182616_DC05_07292020_084802_i.pdf

The opinion is available here for download:

@coxlawpllc

https://www.facebook.com/coxlawpllc

R.J. REYNOLDS TOBACCO COMPANY, Appellant,

v. STATE OF FLORIDA and PHILIP MORRIS USA INC., Appellees.

No. 4D18-2616

July 29, 2020

VIEW THE RULES OF CIVIL PROCEDURE

Scroll to Top