British Appeals Court Upholds Credit Card Protection

Law360, New York (October 31, 2007, 12:00 AM EDT) -- British credit card issuers will continue to be held liable for customer purchases made overseas, after a U.K. appeals court denied a bid by several banks to overturn an earlier ruling upholding the policy.

In a ruling issued on Wednesday, the House of Lords said that credit card issuers may be held liable in claims filed by consumers alleging misrepresentation or breach of contract in connection with an overseas purchase. The judgment is the result of an appeal filed by banks Lloyds TSB Group PLC, Tesco...
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