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Mastercard Appeals Jurisdiction Ruling In £10B Class Action

Gunnar Larson

3 May 2024 3 May '24
6:27 a.m.

Mastercard Appeals Jurisdiction Ruling In £10B Class Action <https://www.law360.co.uk/financial-services-uk/articles/1832748?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-05-03&read_main=1&nlsidx=0&nlaidx=0> By Ronan Barnard Mastercard argued to a London appellate court Thursday that a £10 billion ($12.5 billion) class action over its swipe fees should be governed by the law of the jurisdiction covering the bank that processed the payment, rather than the jurisdiction of the customers who suffered the loss. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1832748?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-05-03&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1832748?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-05-03&read_later=1&nlsidx=0&nlaidx=0>

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