Md., Angelos reach terms on fee

April 12, 2002

Gov. Parris N. Glendening and Attorney General J. Joseph Curran Jr. made peace yesterday with Baltimore attorney Peter G. Angelos, formally ending a bitter, three-year dispute over Angelos' fee for handling the state's tobacco lawsuit.

At a joint news conference in Annapolis the three men said a final agreement has been reached to pay Angelos $150 million over the next five years, starting with a $30 million payment this month.

Angelos had been seeking to collect $1 billion, or 25 percent of the $4 billion the state is expected to receive over 25 years under the national tobacco settlement. He agreed to accept the lower figure last month, and the two sides have been negotiating the details.

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