$32.5 billion settlement with tobacco giants approved by creditors, lawyer says Aitrend

.5 billion settlement with tobacco giants approved by creditors, lawyer says

 Aitrend

A proposed agreement that would see three tobacco The giants’ payout of billions to provinces and territories, as well as smokers across Canada, has been approved by the companies’ creditors, a lawyer representing some of the creditors said Thursday, calling it an important step in a long-running legal saga . The proposed $32.5 billion global … Read more

Thames Water creditors fail to veto payment of fines | Money News Aitrend

Thames Water creditors fail to veto payment of fines | Money News

 Aitrend

Thames Water’s largest group of creditors has failed to secure a veto over whether a £3bn emergency cash injection would be used to settle regulatory fines imposed over a series of breaches in terms of environment and performance. Sky News can reveal a clause stipulating the company’s A lenders – who account for well over … Read more