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Mastercard judgment 'lowers bar' for collective action | News - Vimarsana News

Mastercard judgment 'lowers bar' for collective action | News

By Jemma Slingo2020-12-11T15:42:00+00:00 The Supreme Court’s ruling against Mastercard will make it easier for group damages claims to proceed to trial, commentators have said. However, the card issuer’s solicitors have stressed the ‘very unusual circumstances’ of the judgment, in which justices were divided on key issues. In a widely awaited judgment, the Supreme Court today dismissed Mastercard’s appeal, finding that a 2017 Competition Appeal Tribunal (CAT) judgment was undermined by errors of law. The case has now been remitted to the tribunal for reconsideration. In 2017 the...

UK Supreme Court allows $19 billion Mastercard class action to proceed - Vimarsana News

UK Supreme Court allows $19 billion Mastercard class action to proceed

A closely divided UK Supreme Court ruled that the specialized court established to hear class actions improperly dismissed one of the first cases before it, a proposed $19 billion lawsuit against Mastercard, although whether the massive action proceeds to trial is subject to further litigation. In an unusual 3:2 decision where the deciding vote was cast by a deceased justice, the UK’s highest court agreed with an appeals court that the Competition Appeal Tribunal incorrectly determined the Mastercard case wasn’t suitable for collective action treatment. The lawsuit seeks damages on behalf...

£14bn Mastercard group action to proceed after Supreme Court ruling - Vimarsana News

£14bn Mastercard group action to proceed after Supreme Court ruling

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