Previously Banned Fees Charged to Consumers Now Permissible for Visa and MasterCard Transactions

Schnader Alert by Pat Horan:

In November 2012, the U.S. District Court for the Eastern District of New York preliminarily approved a settlement agreement in the In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, and in doing so, paved the way for consumers to now be charged fees by merchants to supplement the costs of accepting credit cards as a method of payment. The terms of the settlement are complicated and merchants are divided on the result. Merchants have until May 28 to object or opt out of the settlement.

Please click here to read the full Alert.

Behrend and Amgen: The Supreme Court Sends Mixed Signals About Reaching the Merits at the Class Certification Stage

Schnader Alert by Stephen A. Fogdall and Christian Sheehan:

Defendants in potential class actions should be aware of two recent Supreme Court decisions that send conflicting signals regarding when courts can address merits issues at the class certification stage.

Please click here to read the full Alert.

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