News
July 29, 2019

Earlier Decision “Completely Unsuitable” For UK Class Action System, Mastercard Says

A Mastercard spokesman told The Telegraph that the huge class action lawsuit revived by the UK Court of Appeal “is completely unsuitable to be brought under the collective actions regime.”

The UK Supreme Court announced last week that it will hear the company’s challenge to the £14 billion ($17.1 billion) class action. In 2017, the Competition Appeal Tribunal dismissed the case, saying it did not meet the standards required by the country’s new class action system. Earlier this year, though, the UK Court of Appeal revived it.

U.S. Chamber Institute for Legal Reform President Lisa A. Rickard said in an earlier op-ed that the case represents the “heart of the Consumer Rights Act,” which established class action litigation in the UK, and warns of an impending “litigation monster” if the appellate court decision is upheld.

News WV Gov. Justice Signs Intermediate Court Bill Into Law News ILR and the U.S. Chamber of Commerce Foundation Partner with Howard Law School for New Fellowship, Scholarships Other Issues News Judge Blocks Prop 65 Lawsuits Citing 'Unresolved Scientific Debate' Class Action Litigation News Asbestos Lawyer Who Was Prevented From Practicing In Iowa Is Now Trying To Practice In South Carolina News In The News Today-April 7, 2021 Third Party Litigation Funding (TPLF)
We Use Cookies to Make your Experience Better

What do we use cookies for?

We use cookies and similar technologies to recognize your repeat visits and preferences, as well as to measure the effectiveness of campaigns and analyze traffic. To learn more about cookies, including how to disable them, view our Cookie Policy. By clicking "I Accept" or "X" on this banner, or using our site, you consent to the use of cookies unless you have disabled them.