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Arbitration News
Attorney General's Statement On Tobacco Arbitration Decision
"My office will continue to fight attempts by Big Tobacco to reduce payments that it committed to pay in settling our lawsuit. We are helping to lead all states affected like ours by this arbitration decision.
"This decision will have no immediate effect on our tobacco funds, anticipated to be about $100 million this year and totaling $800 million since 1998. We will take steps promptly to forestall and fight any reduction because we have completely and properly fulfilled all the conditions for continued full funding by Big Tobacco.
"We hope and expect that the state will prevail in this battle.
"For payments to diminish, a court would have to find that Connecticut failed to properly enforce its tobacco laws in 2003. We did enforce our statutes that year and continue to do so.
"I am determined to fight as relentlessly as ever against tobacco addiction and disease by using resources from Big Tobacco that we won through our lawsuit. I will stop Big Tobacco from shamelessly shirking its obligations under the settlement agreement."
There is a difference between an arbitration and a trial.
In arbitration, the case is heard by one or more arbitrators. These cases are not heard in front of juries. The formal rules of evidence don't apply, unless the parties have agreed otherwise. In general, there are not pre-hearing motions.
Newsroom
News about Arbitration cases in Vermont and nationwide:
Definition:
An attorney who advises and represents a party in arbitration is called a counsel.
Negotiation
Definition:
Negotiating refers to the process where the two parties come together and communicate their differences in an attempt to resolve the conflict.
Claimants
Definition:
Claimants are the plaintiffs, the people filing the claims.
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