As anticipated, Justice Morawetz agreed with the proposal that the current stay on tobacco litigation be extended by an additional month before he heard a request from Canada's three large tobacco companies for an even longer delay.
His endorsement of the idea to push the hearing from October 1st to October 31st was released last night and made public this morning on the monitor's websites.
This time, his agreement comes with a kicker: he expects there to be a votable plan by year's end. "The court has every expectation that matters will progress such that meetings of creditors can take place on or before December 12, 2024."
As always on this file, stay tuned!
