Visa's Reconsideration Bid Granted In Discover Suit

Law360, New York (October 2, 2008, 12:00 AM EDT) -- The federal judge overseeing Discover Financial Services' multibillion dollar antitrust case against Visa U.S.A. Inc. and Mastercard Inc. granted Visa's motion seeking reconsideration of part of an Aug. 20 ruling, holding that the Aug. 20 decision didn't adequately weigh the potential for juror confusion.

Judge Barbara Jones of the U.S. District Court for the Southern District of New York signed off on a ten-page order on Wednesday granting Visa's motion for reconsideration of a portion of the earlier ruling, which pertained to the impact of a...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.