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PCI issues E-Commerce Guidelines
- Arent Fox LLP
- -
- USA
- -
- May 1 2013
The Payment Card Industry (PCI) Security Standards Council released new guidelines that serve as a supplement to the PCI Data Security Standard (PCI
Song-Beverly does not prohibit Apple from collecting personal identification information from iTunes account holders
- Arent Fox LLP
- -
- USA
- -
- February 28 2013
The Supreme Court of California recently reaffirmed that the Song-Beverly Credit Card Act, California Civil Code 1747.08, does not apply to
Gift Card Bill banning expiration dates, non-use fees introduced in Congress
- Arent Fox LLP
- -
- USA
- -
- November 28 2012
In November 23, 2012, US Senator Richard Blumenthal, D-CT, introduced the Gift Card Consumer Protection Act of 2012. Blumenthal’s bill would strengthen current federal regulations by completely banning gift cards with expiration dates and non-use fees, forcing companies that file for bankruptcy to honor unredeemed gift cards, and prohibiting such companies from issuing new cards
In the courts
- Arent Fox LLP
- -
- USA
- -
- November 12 2012
On November 5, 2012, the U.S. District Court for the Southern District of California granted a motion to compel arbitration in a Telephone Consumer Protection Act lawsuit brought against the national grocer Kroger and the Royal Bank of Scotland Group
New Jersey amends troubled gift card law
- Arent Fox LLP
- -
- USA
- -
- August 1 2012
A New Jersey Senate bill was recently signed into law, amending the states unclaimed property law as it relates to gift cards
Limitations do apply: credit card company must disclose material terms
- Arent Fox LLP
- -
- USA
- -
- July 12 2012
The National Advertising Division in a case involving cashback rewards for credit card holders recently reaffirmed that advertisers must disclose any material limitations on a claim within the advertising itself even if consumers are provided with material or clarifying information at a later time
Paying on the go: FTC holds workshop on mobile payment systems
- Arent Fox LLP
- -
- USA
- -
- May 1 2012
As the number and variety of mobile payment options has increased, so has the Federal Trade Commission’s interest in the costs and benefits of these technologies
Federal Trade Commission (FTC) and privacy regulation
- Arent Fox LLP
- -
- USA
- -
- April 23 2012
The FTC will hold a workshop on April 26, 2012, titled “Paper, Plastic. . . or Mobile? An FTC Workshop on Mobile Payments”
Court enforces indenture successor obligor provisions and enjoins sale transaction
- Arent Fox LLP
- -
- USA
- -
- April 17 2012
In a recent case, In re BankAtlantic Bancorp., Inc. Litigation (Del.Ch. February 27, 2012), indenture trustees under multiple indentures of trust, as well as individual holders of trust preferred securities, sued to enforce certain successor obligor provisions that prohibited a bank holding company from selling “all or substantially all” of its assets unless the acquirer assumed the debt
New Jersey gift card law forces gift card retailers to leave the state
- Arent Fox LLP
- -
- USA
- -
- April 13 2012
Three major gift card issuers have announced that their cards will no longer be available in New Jersey due to a law that lets the state claim the value of unredeemed cards after just two years
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