In 1999 the estate of a smoker won a $79.5 million punitive award against Philip Morris. Under Oregon law, the state's crime victim fund was entitled to 60 percent of that amount. Philip Morris argued that the state's claim to the money was extinguished under the 1998 Master Settlement Agreement. The Oregon Supreme court on Friday said it wasn't and that Philip Morris owes the state the money.

A San Francisco federal district court judge offered further evidence of Concepcion's limits when he ruled that arbitration agreements can still be thrown out if they're found to be unreasonable.

Pfizer scored a big win on Thursday as a federal judge knocked out a large part of the multidistrict litigation over claims that it schemed to keep generic Lipitor off the market.