TORONTO, March 11, 2019 /CNW/ - On March 8, 2019, JTI-Macdonald Corp. was granted protection under the Companies' Creditors Arrangement Act (CCAA) in connection with the Court of Appeal of Québec's judgment in two class action lawsuits against JTI-Macdonald Corp., Imperial Tobacco Canada Limited, and Rothmans, Benson & Hedges Inc. (RBH).
RBH is currently reviewing JTI-Macdonald Corp.'s creditor protection filing, assessing RBH's options, and therefore has no further comment as this time.
The cases are Létourneau v. Imperial Tobacco Limitée, et al. (the addiction class), and Conseil Québecois sur le Tabac et le Santé (CQTS) et Blais v. JTI-Macdonald Corp., et al. (the disease class) before the Court of Appeal of Québec.
Philip Morris International Inc. is not a party to the cases.
Rothmans, Benson & Hedges Inc., an affiliate of Philip Morris International Inc., is one of Canada's leading tobacco companies and employs nearly 800 people across the country with its headquarters in Toronto and a factory in Québec City. To receive more information on the cases go to www.tobaccolitigation.ca.
SOURCE Rothmans, Benson & Hedges Inc.