R.J. Reynolds Seeks Court’s Intervention to Nullify $95 Million Royalty Payments to Altria

Tobacco giant R.J. Reynolds is intensifying efforts to terminate the $95 million in royalty payments it owes to Altria, the parent company of Philip Morris, following a patent infringement verdict. Highlighting arguments to a North Carolina federal court, R.J. Reynolds asserts that its agreement with Juul to license vape pen technology should be enforced retroactively. This legal maneuver aims to mitigate the financial burden imposed by the prior judgment. For further details, you can read the full report on Law360.