Miller sues Bates and Zenith Media over ad shortfalls

Article Abstract:

Miller Brewing Co. has filed a lawsuit in Milwaukee's US District Court against Bates Advertising USA and Zenith Media Services claiming lost free broadcast time cost the company $6.9 million. Free broadcast time is normally obtained for companies by their ad agencies if the ads fail to reach a designated number of viewers. Miller, which has an estimated media and planning operation of more than $300 million, fired the two ad agencies in 1996 and accuses them of negligence in failing to secure such credits.

Comment:

Miller files suit against two ad agencies, Bates and Zenith, it fired in 1996

Beer & Other Malt Beverages, Breweries, Advertising Agencies, Company Planning/Goals, Malt beverages, Zenith Media Services, Miller Brewing Co., Article, Bates Advertising USA

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Altria's tobacco payments in doubt

Article Abstract:

Altria Group, the parent of tobacco giant Philip Morris, said that its unit is unable to post $12 billion in bonds required to appeal its product liability case. S&P reported that Philip Morris may face bankruptcy if the bond requirement is not loosened. Altria said that in such case, money going to state governments as part of the tobacco suit settlement would stop.

Product Liability, Securities issued, listed, Legal/Government Regulation, Economic aspects, Company legal issue, Cases, Securities, Tobacco industry, Products liability, Company securities, Damages, Damages (Law), Altria Group Inc., Philip Morris USA Inc.

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