EXHIBIT 99.2 STATUS OF THE MASTER SETTLEMENT AGREEMENT The Master Settlement Agreement ("MSA") is subject to final judicial approval (i.e., trial court approval and the expiration of the time for review or appeal with respect to such approval) in each...
EXHIBIT 99.2
STATUS OF THE MASTER SETTLEMENT AGREEMENT
The Master Settlement Agreement ("MSA") is subject to final judicial
approval (i.e., trial court approval and the expiration of the time for review
or appeal with respect to such approval) in each of the settling jurisdictions.
If a settling jurisdiction does not obtain final judicial approval by December
31, 2001, the agreement will be terminated with respect to such state; the
agreement, however, will remain in effect as to each settling jurisdiction in
which final judicial approval is obtained. As noted in the chart below, the MSA
has been approved by trial courts in all of the 52 settling jurisdictions and
the Company believes that the time for review or appeal with respect to such
approvals has expired in 37 of those jurisdictions. Interventions and/or
challenges to the MSA (or appeals thereof) are pending in 11 jurisdictions. In
addition, as described in Item 3 of this Annual Report on Form 10-K under the
heading "Litigation Settlements," there are a number of other suits pending
related to the MSA.
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INTERVENTION
FINAL AND/OR
JUDICIAL CHALLENGE
JURISDICTION TRIAL COURT APPROVAL APPROVAL PENDING
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AMERICAN SAMOA X X
ALABAMA X X
ALASKA X
ARIZONA X X
ARKANSAS X X
CALIFORNIA X X
COLORADO X X
CONNECTICUT X X
DISTRICT OF COLUMBIA X X
DELAWARE X X
GEORGIA X X
GUAM X
HAWAII X
IDAHO X X
ILLINOIS X X
INDIANA X X
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IOWA X X
KANSAS X X
KENTUCKY X X
LOUISIANA X X
MAINE X X
MARYLAND X X
MASSACHUSETTS X X
MICHIGAN X X
MISSOURI X X
MONTANA X X
NEBRASKA X X
NEVADA X X
NEW HAMPSHIRE X X
NEW JERSEY X X
NEW MEXICO X X
NEW YORK X X
NORTH CAROLINA X X
NORTH DAKOTA X X
NORTHERN MARIANAS X X
OHIO X X
OKLAHOMA X X
OREGON X X
PENNSYLVANIA X X
PUERTO RICO X X
RHODE ISLAND X X
SOUTH CAROLINA X X
2
SOUTH DAKOTA X X
TENNESSEE X X
UTAH X X
VERMONT X X
VIRGIN ISLANDS X X
VIRGINIA X X
WASHINGTON X X
WEST VIRGINIA X
WISCONSIN X X
WYOMING X X
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