News

Canadian Court Certifies Decision from Visa/MasterCard Lawsuit

Canadian Court Certifies Decision from Visa/MasterCard Lawsuit

On Sunday, Canadian Chief Justice Bauman released a statement that showed the reason why the Visa/MasterCard class action suit was certified.

According to Mondaq, one of the reasons Bauman stated was that plaintiffs can not link stolen items to breaches of the Competition Act.  It also tends to lower the bar to certification, avoid any assessment of the merits at the certification stage, and push class actions toward a determination on the merits.

“As a result, tenuous claims may face more motions for summary judgment on the heels of certification,” Bauman stated.

 

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

Click to comment

TRENDING RIGHT NOW