Swipe Surcharge Ban Protects Consumers, NY Tells Rakoff

Law360, New York (August 14, 2013, 7:14 PM EDT) -- The state of New York on Wednesday asked U.S. District Judge Jed S. Rakoff to throw out a legal challenge to a state law that bars businesses from imposing credit card surcharges, arguing that the law protects consumers from surprises at the cash register.

Lawyers for the state appeared at a hearing before Judge Rakoff to press for the dismissal of a challenge to Section 518 of the state's General Business Law. The law bars businesses from imposing surcharges on credit card transactions, but allows them to...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Expressions Hair Design et al v. Schneiderman


Case Number

1:13-cv-03775

Court

New York Southern

Nature of Suit

Constitutional - State Statute

Judge

Jed S. Rakoff

Date Filed

June 4, 2013

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.