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As the former parent of R. J. Reynolds, it might be liable for damages if litigation bankrupted Reynolds.
But the litigation bankrupted him.
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Although the actual payment may vary and even decrease as cigarette consumption decreases, such a substantial amount has put pressure on tobacco companies to support legislative efforts they formerly opposed, since further litigation could bankrupt them.
In addition, she added, construction-defect laws have been somewhat of a poison pill that has made banks wary of investing in new condominium projects for fear that construction-related litigation could bankrupt the developer.
It will ultimately lead to litigation that will bankrupt them, as well it should.
The shareholders who used to control the food company get less than they might have received, because of fear that class-action litigation may yet bankrupt the tobacco companies.
A lawyer for gun manufacturers said the California legislation would result in a torrent of litigation intended to harass and bankrupt the industry.
They litigated to ban the first iPod (the Rio) and the first DVR (ReplayTV) – bankrupting each through litigation costs but ultimately failing to stop these technologies.
Two bands currently tour as the Wailers, one featuring guitarist Al Anderton; the other, the iconic bassman Aston "Family Man Barrettt, who was bankrupted by all the litigation.
A period as a City trader ended when he declared himself bankrupt in 2003 following litigation over a bad debt.
He appears to be using this litigation as a soapbox for his bankrupt racist ideology as much as he is making a legal defense".
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