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Tobacco company opposes proposed $32.5B settlement with provinces, smokers: court doc

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TORONTO – One of three major tobacco companies involved in years of negotiations with creditors says it opposes the proposed multi-billion-dollar settlement announced in the case earlier this month.

JTI-Macdonald Corp. has filed a document with an Ontario court indicating it does not support the proposal due to “critical outstanding issues.”

The document was filed ahead of a hearing scheduled today to set the next step for the proposed plan of arrangement presented on Oct. 17.

The proposal would see the three companies — JTI-Macdonald Corp., Rothmans, Benson & Hedges and Imperial Tobacco Canada Ltd. — pay $24 billion to provinces and territories and more than $4 billion to tens of thousands of Quebec smokers and their heirs.

Before it can be implemented, the proposed plan must be voted on by creditors, which include plaintiffs in two class-action lawsuits in Quebec as well as provincial governments seeking to recover smoking-related health costs. It must also be approved by the court.

Today’s hearing involves a motion to set a date for the creditors’ vote, which the court document says JTI-Macdonald also opposes. In a separate court filing, Rothmans, Benson & Hedges said it has no issue with setting a date for the creditors’ vote but reserves the right to object to the proposal at a later stage in the process.

The proposal reached through mediation doesn’t specify each company’s share of the $32.5 billion global settlement, an issue that “must be resolved” in order to move forward, the company said.

“RBH has not agreed to the proposed plan with the allocation issue unresolved,” the company said in the document.

The company added it is “committed to resolving the issue in a timely manner to avoid the risk of substantial objections at the sanction hearing as well as the potential for further complications and delay.”

Other payments laid out in the proposal include more than $2.5 billion for smokers in other provinces and territories who were diagnosed with smoking-related illnesses over a four-year period, and more than $1 billion for a foundation to help detect and prevent tobacco-related diseases.

The proposed settlement comes after more than five years of negotiations as part of a corporate restructuring process that was triggered by a decades-long legal battle.

A Quebec Superior Court judge first ordered the three companies to pay about $15 billion in two class-action lawsuits involving smokers in the province who took up the habit between 1950 and 1998 and either fell ill or were addicted, or their heirs.

The landmark decision was upheld by the province’s top court in 2019, prompting the companies to seek creditor protection in Ontario.

The Ontario court put all legal proceedings against the companies, including lawsuits filed by provincial governments, on hold as the parties negotiated a global settlement.

The stay of proceedings was initially set to expire after a few months, but was renewed about a dozen times. The court planned to hear an application for another extension this month until the proposal was announced.

This report by The Canadian Press was first published Oct. 31, 2024.

The Canadian Press. All rights reserved.

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Committed By Eldon Sprickerhoff Sells Through Pre-sales!

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COMMITTED
by
ELDON SPRICKERHOFF
sells through pre-sales!

Toronto, ON — Eldon Sprickerhoff’s groundbreaking new book, “Committed: Startup Survival Tips and Uncommon Sense for First-Time Tech Founders,” is making waves in the entrepreneurial community and has struck a chord with readers. This week, Sutherland House Experts revealed that “Committed” has already achieved remarkable pre-sales of nearly 2,000 copies, a testament to its resonant insights and practical guidance for aspiring tech founders.

Committed” is available for pre-order with a release date of November 12th.  Sutherland House Experts congratulates Sprickerhoff on the early success of Committed.  Sprickerhoff is a world-acclaimed entrepreneur, trusted advisor, mentor, investor, and board member working at the frontier of information security, computer science, software-as-a-service (SaaS), and finance. Eldon Sprickerhoff has always been the kind of person who knew he wanted to start something and see it through to success, no matter what it took. But how does that journey begin? Where do you start? Committed” has those answers. Sprickerhoff assembled a list of everything he didn’t know as a first-time technical startup founder before his firm rocketed to a value of over $1 billion.

Committed” guides first-time tech founders on how to find their company’s product-market fit, raise early-stage capital, and how to compete against bigger and better-funded competitors. There is no magic wand, but there is a proven path. Widely respected for his common sense approach to business, Sprickerhoff uses his professional life lessons to show his readers ways of building resilience and pushing through failure in order to survive and come out the other side. Does your tech startup have in you… what it takes to survive and thrive? Committed will get you there.

Eldon Sprickerhoff, renowned in tech circles for his innovative achievements in cybersecurity, is the Co-Founder of eSentire, a leading global cybersecurity Managed Detection and Response company. Sprickerhoff has a Bachelor of Mathematics (Major: Computer Science, Minor: Economics) from the University of Waterloo, and was awarded the J.W. Graham Medal in Computing and Innovation. He was inducted into the Waterloo Region Entrepreneur Hall of Fame this year and currently works as a Strategic Advisor at Caledon Ventures.

Sprickerhoff knows great tech isnt enough.

“The early success of ‘Committed’ highlights a strong demand for practical wisdom in entrepreneurship. With nearly 2,000 copies sold in pre-release, Eldon Sprickerhoff has undeniably resonated with readers. He provides a clear roadmap for those eager to innovate and create. Sutherland House Experts is proud to deliver this invaluable resource to aspiring entrepreneurs around the globe.”
Neil Seeman
Publisher, Sutherland House Experts

Committed offers entrepreneurs survival strategies” that encourage technical founders to embrace their new title, the one that matters most: Chief Survival Officer.

“I loved Committed because Eldon brings something rare and refreshing to the table: an honest, no-fluff guide that explores the complex realities and nuances of being a (tech) founder today. This book isn’t just another startup manual; it’s a candid blueprint and strategic playbook for creating lasting value in an ecosystem that, frankly, has drifted off course and lost some of its edge.”
Sumit Bhatia
Cofounder – Centre for Designing Change
Executive Vice-President, CyberEco

Eldon Sprickerhoff is a legend in the Canadian tech sector — for his pioneering success in founding eSentire, and also for being one of the best mentors around. Anyone who has ever wanted to start a business will benefit from Eldon’s hard-won wisdom, delivered with his usual candor, wit and humility. This is a terrific guide to building great businesses, but also, and maybe even more importantly, it is a book about how to stay sane and hopeful when the going gets tough.
–       Charles Finlay, Founding Executive Director of Rogers Cybersecure Catalyst at Toronto Metropolitan University

Eldons road from zero to $1B puts him in a rare and advantageous position to offer practical insights and strategies that are both profound and accessible. After 20 years of supporting founders and bearing witness to their challenges, Committed is one of the most real guides available for anyone truly serious about success as a start-up entrepreneur.
–       Dave Unsworth, Co-Founder and General Partner of Information Venture Partners

Every successful founder had some kind of competitive advantage. For Eldon, it was his deep experience in cyber defense and a passion for helping companies to protect their data. For first-time entrepreneurs looking to start a high-impact company today, its Committed. Any aspiring or early-stage founder should read this book.
–       Ross Haleliuk, best-selling author of “Cyber for Builders”

“First-time technical founders don’t know what they don’t know. Candid, practical advice from technical founders who have ‘walked the path’ is hard to find. I Hope “Committed” will help lighten the journey.
— Eldon Sprickerhoff

Release date: November 12th available now for pre-order:
https://www.amazon.ca/Committed-Survival-Uncommon-First-Time-Founders/dp/1738396428

Media Inquiries:
Sasha Stoltz Publicity:
Sasha Stoltz | Sasha@sashastoltzpublicity.com | 416.579.4804
https://www.sashastoltzpublicity.com

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Murphy warns Connecticut abortion law could be at risk while GOP opponent says he’s fearmongering

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While the right to abortion has been codified in Connecticut law since 1990, U.S. Sen. Chris Murphy warned Wednesday night how women in the state could still be at risk if Republicans impose a national ban.

“I know that doesn’t seem possible in Connecticut. But if the Republican Party platform is put into law, then no one in Connecticut is safe,” the two-term Democrat said during a televised debate.

Even though he is favored to win reelection, Murphy echoed a key talking point Democratic congressional incumbents and challengers in much tighter races across the country have been using to capitalize on the national debate over abortion rights. That prompted Murphy’s Republican challenger, small business owner Matt Corey, to accuse Murphy of trying to scare voters.

“The state of Connecticut’s law is what it is,” he said, calling it “settled law” and that he stands by the state’s laws.

“So Senator Murphy wants to fear-monger in this election because that’s what they do in Washington. They send fear through you,” said Corey, adding how GOP leaders have said any bill that would enact a national ban on abortion would be vetoed.

But Murphy insisted that Connecticut law would be at risk if a fetus was considered a person in federal law.

“If that is indeed the law, that means that every abortion in this country would be illegal, regardless of whether you live in Connecticut, a blue state, or you live in Texas, a red state,” he said. “So I don’t think I’m fearmongering on this topic. I just think I’m reflecting what the actual Republican Party platform is.”

“I want to make sure that Connecticut families and Connecticut women get to make their own health care decisions,” he said.

Corey, who challenged Murphy six years ago and lost, then questioned Murphy’s true support for women, criticizing him for not opposing efforts to allow transgender athletes to participate in girls’ sports.

The Connecticut Interscholastic Athletic Conference currently has a policy of allowing transgender girls to compete in girls high school sports.

“When are men in this country going to start standing up for women’s rights? Why should women suffer?” Corey asked. “You see around the country, women are trying to stand up for what they believe in. Why should we wipe out the achievements, the scholarships, records?”

Murphy said he believes the issue of transgender student athletes should be left up to individual communities and local school boards and not the federal government. He also warned of a “campaign of fear underway in this country” to make people believe they should be scared of others with a different sexual orientation.

“There’s an epidemic of suicide and self-harm in this country amongst our gay students and transgender students,” Murphy said. “And it often happens because they are made to feel ostracized by the communities in which they live.”

The Canadian Press. All rights reserved.



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Uganda struggles to feed more than 1.7 million refugees as international support dwindles

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RWAMWANJA, Uganda (AP) — For months, Agnes Bulaba, a Congolese refugee in Uganda, has had to get by without the food rations she once depended on. Her children scavenge among local communities for whatever they can find to eat.

“As a woman who’s not married, life is hard,” Bulaba told The Associated Press. Some locals “keep throwing stones at us, but we just want to feed our kids and buy them some clothes,” said the mother of six, who often works as a prostitute to fend for her family.

Uganda is home to more than 1.7 million refugees, the largest refugee-hosting country in Africa, according to the United Nations refugee agency. Despite being renowned for welcoming those fleeing neighboring violence, Ugandan officials and humanitarians say dwindling international support coupled with high numbers of refugees have put much pressure on host communities.

Approximately 10,000 new arrivals enter Uganda each month, according to U.N. figures. Some have recently fled the war in Sudan, but most are from neighboring South Sudan and Congo.

Bulaba is among tens of thousands in Rwamwanja, a refugee settlement in southwestern Uganda. As in other settlements across the east African country, refugees there are given small plots of land to cultivate as they are slowly weaned off total dependence on humanitarian food rations.

Since 2021, as funding consistently declined, the U.N.’s World Food Program has prioritized the most vulnerable groups for food assistance, in food items or cash, which can be as little as $3. After spending three months in Uganda, refugees are eligible to get 60% rations, and the number falls by half after six months. Only new arrivals get 100% food assistance, leaving the vast majority of some 99,000 refugees in Bulaba’s settlement vulnerable to hunger and other impoverishment.

In 2017, the Ugandan government and the U.N. held a summit in Kampala, the capital, and appealed for $8 billion to deal with the sharp influx of refugees from South Sudan at the time. Only $350 million was pledged.

Filippo Grandi, the United Nations High Commissioner for Refugees, visited Uganda last week in a trip partly aimed to underscore the funding shortage.

The international community “should not take Uganda’s generosity and the global public good it provides for granted,” Grandi said in a statement at the end of his visit. “Services here are overstretched. Natural resources are limited, and financial support is not keeping pace with the needs.”

He also said international support “is urgently needed to sustain Uganda’s commitment to refugees,” urging donors and humanitarian partners to “come together with the government to address the needs of refugees and the generous communities hosting them.”

Refugees in Uganda have access to the same hospitals as locals, and their children can attend school. While this helps integrate them into the Ugandan community, sometimes the competition for limited resources sparks tension. However, violence is rarely reported.

Hillary Onek, the Ugandan government minister in charge of refugees, said during Grandi’s visit that local officials need support to help refugees become more self-reliant. Though he said the country was “overloaded” with refugees, he cited several training options to help refugees become self-sufficient, including carpentry, bricklaying and metal welding.

“We are trying to be innovative,” he said. “Given the fact that funding for refugee programs dwindled over the years, there is not enough money to meet their demands, not even giving them enough food to eat.”

Onek said the alternative is “to survive on your own, using your skills, using whatever capacity you have.”

But Bulaba, the Congolese refugee who has been in Uganda since 2014 after fleeing violence in her home country with her two children, said she can’t find a job. She has since had four other children who often go barefoot and without appropriate clothing. She misses the cash-for-food stipend she used to get.

“For us to eat, we look for work, but there’s no work,” she said.

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Associated Press writer Rodney Muhumuza in Kampala, Uganda, contributed to this report.

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The Associated Press receives financial support for global health and development coverage in Africa from the Gates Foundation. The AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.



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