Imperial Tobacco Canada gets creditor protection in $15-billion Quebec lawsuit

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An Ontario Superior Court decision gave temporary reprieve to Imperial Tobacco Canada from compensating 100,000 Quebec smokers

Imperial Tobacco Canada is the latest company to receive a temporary reprieve from compensating 100,000 Quebec smokers after securing creditor protection in an Ontario court.

The two companies, along with Benson & Hedges, lost an appeal of a landmark $15-billion class-action lawsuit in the Quebec Court of Appeal on March 1.The Ontario Superior Court decision suspends legal proceedings against all three companies until April 5, even though only Imperial Tobacco Canada amid JTI-Macdonald sought protection from creditors.

“Canadian consumers and governments have been aware of the health risks associated with smoking for decades, and the Company has always operated and sold its legal products within a regulatory framework dictated by governments.”

 

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