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Philip Morris USA Says Illinois Supreme Court Orders Return of Cash Securing Appeal BondNew YorkJune 19, 2006 The Illinois Supreme Court today, with consent from both parties, ordered the return to Philip Morris USA of the approximately $2.15 billion in cash securing the appeal bond in the Price "lights" case. The company said that a $6 billion note, which also secured the 2003 judgment, would be returned to the company if the U.S. Supreme Court declines to hear the plaintiffs' appeal. Philip Morris USA's obligations to deposit payments on the note and to pay administrative fees to the Madison County clerk were also terminated by today's order.
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