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Tobacco wholesaler from Seneca Nation declares bankruptcy
arthur montour
bankruptcy
new york
seneca
taxation
tobacco
usda
Posted: Wednesday, December 7, 2011
Arthur Montour, the owner of Native Wholesale Supply on the
Seneca Nation
, has filed for bankruptcy, The Buffalo News reports.
Montour's company shipped the Seneca brand of cigarettes to tribes across the nation. He's faced numerous lawsuits from states, leaving him with more than $50 million in debt, the paper said.
Most of the money -- about $43 million -- is owed to the
Department of Agriculture
. The rest is owed to Oklahoma, New Mexico, Idaho and California for alleged violations of tobacco, taxation and other laws.
Montour is a former tribal councilor.
Get the Story:
Seneca cigarette dealer files for bankruptcy
(The Buffalo News 12/7)
Related Stories:
Judge Lamberth blocks tax provisions in Seneca PACT Act case
(12/6)
Appeals court affirms preliminary injunction in PACT Act lawsuit
(09/21)
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