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US court recognises Imperial Tobacco Canada’s bankruptcy proceeding

By Declan Bush

18 April 2019

A US bankruptcy court has granted Chapter 15 protection to British American Tobacco’s Canadian arm, which faces nearly US$6.7 billion in class action claims north of the border.

US court recognises Imperial Tobacco Canada’s bankruptcy proceeding Imperial Tobacco Canada faces a mountain of class action lawsuits. (Credit: iStock.com/JulieanneBirch)