Renegade Tobacco trustee reaches agreement with five states

(Winston-Salem Journal) Peter Tourtellot, the trustee for three bankrupt Mocksville tobacco companies, said in a legal filing Thursday that he has come to an escrow agreement with five states, including North Carolina.
As a result, North Carolina could receive $6.58 million — or about 40 percent of the $16.7 million delinquent escrow amount being requested by the National Association of Attorneys General for 16 states.
The combined amount for Arkansas, Idaho, Kentucky and Utah was $32,453. North Carolina's escrow share is much larger because a significant amount of Alternative Brand's sales took place in the state. Continued