Lawyers awarded $775 mln in tobacco case
07/29/99
The award will be divided among the law firms, with lead counsel Brown, Rudnick, Freed & Gesmer, P.C., receiving 23 percent of the total legal fees, the lead counsel said.
The attorneys had asked for one fourth of Massachusetts' $8.3 billion part of the settlement, or $2.075 billion a
tobacco industry representative said.
The money to the state will be paid over 25 years, the industry representative said.
The award was set up as part of the $206 billion Multi-State Agreement reached last November between 46 states and the largest
tobacco companies. The money to the states will be paid over 25 years, the industry representative said.
Lawyers representing about 10 other states have petitioned to have the panel settle their fees, the
tobacco industry representative said.
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