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Quebec Provisional Execution Order Cancelled

24th Jul 2015 07:00

RNS Number : 9890T
British American Tobacco PLC
24 July 2015
 

Friday 24 July 2015

 

Quebec Provisional Execution order cancelled

Imperial Tobacco Canada, British American Tobacco plc's Canadian subsidiary and the Canadian subsidiaries of Philip Morris International and Japan Tobacco International have had their request to cancel a CAD$1.1 billion provisional execution order granted by the Quebec Court of Appeal, late yesterday.

The provisional execution order was imposed by the Superior Court of Quebec as part of a CAD$15.6 billion judgement in two Class Action cases, issued on June 1st 2015.

Jerome Abelman, Legal & External Affairs Director for British American Tobacco said:

 "We are pleased to see Imperial Tobacco Canada's arguments prevail with the cancellation of an unprecedented and legally unjustified provisional execution order".

Imperial Tobacco Canada will now focus on its appeal at the Quebec Court of Appeal against the original Superior Court of Quebec Class Action judgement issued on 1st June 2015 which the company argues ignored the reality that both adult consumers and governments have known about the risks associated with smoking for decades.

This Court of Appeal process is expected to conclude in the next two-to-three years with a potential further appeal to the Supreme Court of Canada.

British American Tobacco plc was not a party to the proceeding and is not a party to the original judgement.

 

ENQUIRIES

 

Press Office Investor Relations

Will Hill / Anna Vickerstaff Mike Nightingale / Rachael Brierley

+44 (0)20 7845 2888 (24 hours) +44 (0)20 7845 1180 / 1519

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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