Legal Opinion
State v. Philip Morris USA Inc.
Supreme Court of North Carolina
Decided November 6, 2009No. 2A05-4PublishedCited by 84 opinions
1Opinion of the Court
*625NEWBY, Justice.
This case requires us to once again review the National Tobacco Grower Settlement Trust. We undertake this review to determine whether defendant tobacco companies may, pursuant to the Tax Offset Adjustment provision of the Trust, offset their financial obligation under the Fair and Equitable Tobacco Reform Act of 2004 against all payments due the Trust. We hold that they may and affirm the Court of Appeals.
I. BACKGROUND
Beginning in 1938 and continuing until the operation of the Fair and Equitable Tobacco Reform Act of 2004 (FETRA), Pub. L. No. 108-357, 118 Stat. 1521 (codified…
2Cases cited13 opinions
- Wachovia Bank & Trust Co. v. Westchester Fire InsuranceSupreme Court of North Carolina · 1970
- Lane v. ScarboroughSupreme Court of North Carolina · 1973
- Walton v. City of RaleighSupreme Court of North Carolina · 1996
- Hartford Accident & Indemnity Co. v. HoodSupreme Court of North Carolina · 1946
- State v. Philip Morris USA Inc.Supreme Court of North Carolina · 2005
8 more not listed; retrieve them via the Exa API.
3Cited by84 opinions
- Beth Cosey v. The Prudential Insurance CompanyCourt of Appeals for the Fourth Circuit · 2013
- Foodbuy, LLC v. Gregory Packaging, Inc.Court of Appeals for the Fourth Circuit · 2021
- Central Telephone Co. v. Sprint Communications Co. of Virginia, Inc.Court of Appeals for the Fourth Circuit · 2013
- Silicon Knights, Inc. v. Epic Games, Inc.District Court, E.D. North Carolina · 2012
- Archer and White Sales, Inc. v. Henry Schein, IncoCourt of Appeals for the Fifth Circuit · 2017
79 more not listed; retrieve them via the Exa API.