 |
|

Legal news from Tuesday, September 27, 2005 |
 |
|


Antitrust suit filed against Visa, Mastercard, major banks
Brandon Smith on September 27, 2005 12:30 PM ET

[JURIST] Four merchant groups have filed an antitrust lawsuit against Visa [corporate website], Mastercard [corporate website], and dozens of major banks, over interchange fees, which retailers pay to issuing banks to receive payment for transactions involving the banks' cards. The fees, says Hank Armor of the National Association of Convenience Stores (NACS) [group website], serve "as a hidden tax, both on merchants and consumers, and raises costs of all products." The plaintiffs, NACS, the National Association of Chain Drug Stores [group website], the National Community Pharmacists Association [group website] and the National Cooperative Grocers Association [group website], represent the operators of over 138,000 convenience stores, 60,000 pharmacies and 120 cooperative groceries. The defendants include Bank of America, Citigroup and JPMorgan Chase, among the largest US credit card issuers. Representatives from Visa called the fees a "fair mechanism for fueling growth and sharing system costs," while Mastercard issued a statement chiding the plaintiffs' suit as "another example of merchants wanting the benefits of accepting payment cards without having to pay for the value of the services they receive." Reuters has more.


Link |
|
subscribe |
|
latest newscast |
archive |
Facebook page

|

International brief ~ China high court regains right to review death sentences
D. Wes Rist on September 27, 2005 10:04 AM ET

[JURIST] Leading Tuesday's international brief, China's Supreme Peoples' Court [official website] regained the power to review death sentences on Tuesday, after nearly six months of intense criticism of the old process, which allowed regional courts to review death sentences. Chinese media highlighted nearly a dozen cases over the last six months of miscarriages of justice, including two sensational cases where the alleged murder victims later turned up alive, one after the execution of her 'murderer.' The Supreme Peoples' Court will create three criminal trial courts to review all death sentences in the nation. China executed an estimated 3,400 individuals in 2004, more than all other nations put together. JURIST's Paper Chase has continuing coverage of China [JURIST news archive]. BBC News has more.
In other international legal news ... - The European Parliament [official website] is hearing final speeches on the proposed Common Asylum Standard Directive [EU asylum backgrounder] and is expected to vote late Tuesday or early Wednesday on the plan designed to prevent 'asylum shopping' in Europe. Currently, EU member nations all have individualized asylum policies, leading to some nations being perceived as having 'easier' entry standards than others, resulting in asylum seekers avoiding countries known to have difficult asylum laws and concentrating on others. The Common Asylum Standard Directive would normalize all refugee and asylum laws throughout the EU, with a stated goal of distributing the load of asylum seekers evenly across the EU member nations. The Directive, already heavily amended, also includes provisions on fingerprinting applicants to determine if they've applied elsewhere before, and will also remove the practice of having designated "safe" countries outside the EU that EU nations can deport failed applicants to without violating the European Convention on Human Rights [official text]. JURIST's Paper Chase has continuing coverage of the European Union [JURIST news archive]. BBC News has local coverage.
- Following the filing of a civil case against the Nepal government one and a half years ago, the Nepal Supreme Court [official website] has ordered the Nepalese Ministry of Women, Children and Social Welfare to take all necessary steps to abolish the cultural practice of "Chhaupadi" [Wikipedia backgrounder] and to ensure that it is branded as an 'evil practice' throughout Nepal. The cultural custom was declared by the court on Monday to be significantly discriminatory towards women and a violation of the equal rights that women enjoy under the Nepal Constitution [official text]. The Nepalese Ministries of Health and Local Development have been tasked with studying the effects of the chhaupadi system and educating the populace about its impact on women. JURIST's Paper Chase has continuing coverage of Nepal [JURIST news archive]. Nepalnews has local coverage.


Link |
|
subscribe |
|
latest newscast |
archive |
Facebook page

|

New Jersey sues gas and oil companies for Katrina price hike
Sara R. Parsowith on September 27, 2005 8:26 AM ET

[JURIST] New Jersey Attorney General Peter C. Harvey filed lawsuits Monday against Hess [corporate website; PDF complaint], Shell [corporate website; PDF complaint], and Sunoco [corporate website; PDF complaint], alleging that the oil and gas giants and several independent gas-station owners illegally hiked prices in the days surrounding Hurricane Katrina [JURIST news archive]. The separate suits, believed to be the first civil actions in the US responding to recent rising gasoline prices, allege [NJ AG press release] that the companies violated New Jersey's Motor Fuels Act [text] and Consumer Fraud Act [text] by failing to display sale prices and making multiple price increases within a 24-hour period. The defendants are also charged with failure to maintain books and records, failure to provide access to books and records to regulators, engaging in unconscionable commercial practices and violating advertising regulations. The cases arose after widespread complaints from motorists that some dealers were raising gas prices several times a day. The state will also sue several independently-owned Citgo [corporate website] stations. Violations of the Consumer Fraud Act, which include unconscionable commercial practices and false or misleading advertising, carry a penalty of up to $10,000 for a first offense and up to $20,000 for subsequent offenses. Violations of the Motor Fuels Act carry a $50 to $200 penalty. Harvey said the state is taking a hard-line approach because consumers are at the mercy of gasoline suppliers and retailers. The Newark Star Ledger has more.


Link |
|
subscribe |
|
latest newscast |
archive |
Facebook page

|
| For more legal news check the Paper Chase Archive...
|
|
|