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Litigation

: Point of Law

Master & Settlement: Budgets, bonding and bailouts

By Carter Wood

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Out in the budget-beleaguered states, politicians are again eying distributions from the tobacco master settlement agreement -- 10 years on and still producing cash -- to ease their financial problems. Since it's public revenue raised outside the legislative process, drawing...

Full post as published by Point of Law on November 16, 2008 (boomark / email).

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