This Week in Chancery Court: Philip Morris Seeks to Intervene

Philip Morris USA Inc. will ask the Delaware Court of Chancery this week if it can intervene in a long-running dispute between two other Big Tobacco companies over a settlement meant to cover the public health costs of smoking.

Here’s more from the court’s calendar:

Monday: ITG Brands LLC v. Reynolds American Inc., Del. Ch., No. 2017-0129, oral argument 2/5/24.

At issue: Last October, Vice Chancellor Lori Will ruled that ITG Brands, the US unit of Imperial Brands Plc, had to compensate Reynolds American Inc. for annual payments Reynolds had to make to the state of Florida under ...