In 2003, the major tobacco companies initiated arbitration against 46 states seeking contract adjustments of more than a billion dollars under the 1998 Master Settlement Agreement (“MSA”). For 2003, Kansas alone had more than $50 million at risk.
After a highly competitive RFP process, Wagstaff & Cartmell was selected by the Kansas Attorney General’s office to act as counsel for Kansas in the arbitration matter.
Eric Barton and Ty Hudson shared co-lead counsel responsibilities. After the Kansas individual arbitration hearing was held in Chicago before three former federal judges, Kansas settled all contract disputes with the tobacco companies for years 2003−2014, which preserved for Kansas more than $500 million dollars in contract payments for these years under the MSA.