Monday, May 18, 2020

The Importance And Cons Of Civil Law - 755 Words

In November 2016, several merchants who had previously opted out of the 2012 settlement (led by Target, 7-Eleven and Home Depot, and now styled as the â€Å"Direct Action Plaintiffs†) sent letters notifying Judge Brodie that they wanted to amend their complaints. . Defendants vigorously objected and filed letter replies. . All the parties – including the Rule 23(b)(3) and Rule 23(b)(2) Class Plaintiffs – appeared before the Court for a December 8, 2016 Status Conference. . Shortly after the Conference, the parties submitted a unified briefing schedule and fully briefed their arguments (the briefs were initially served but not filed on the court’s docket). . The parties made their oral arguments to Magistrate Judge James Orenstein on†¦show more content†¦Second, damages are sought to be extended from the original 2012 settlement date through whenever the case is resolved. . So while the original damages period covered 2004 - 2012, the amend ed complaint seeks damages through at least 2017. . Under the operative theories, Visa and MasterCard have earned many billions of dollars of additional, wrongful profits in the ensuing 5+ years; profits that would be open to treble damages at trial. Beyond the addition of cardholders into the equation, the new complaints’ primary liability claims are largely the same. . In general, the complaints allege that Visa and MasterCard engaged in a conspiracy to restrain trade and monopolize acceptance of their credit and debit cards to the detriment of merchants (and now consumers). . The Plaintiffs did use the proposed amended complaint to add two additional issues: Debit Routing and Durbin: New Claim for Relief. . Plaintiffs claim that Visa implemented new fees and policies after The Durbin Amendment went into effect at the end of 2011, including the Fixed Acquirer Network Fee (FANF) and the PIN Authenticated Visa Debit Mandate (PAVD), policies still in place, that frustrate debit competition. . It is unclear what, if any, damages may be attributable to this conduct. EMV Implementation: New Claim for Relief.Show MoreRelatedThe Civil Rights Act Of 1964 Essay1124 Words   |  5 PagesDiscrimination in the workplace is typified by failure to treat individuals equally due to biases against various group membership (Triana, Jayasinghe, Pieper, 2015). The United States enacted the Civil Rights Act of 1964, known as Title VII, to outlaw workplace discrimination of individuals with respect to compensation, terms, conditions of employment, or privileges of employment because of race, color, sex, religion, or national origin. 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