Corner Post v. Board of Governors of the Federal Reserve
United States District Court for the District of North Dakot
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Case: Corner Post v. Board of Governors of the Federal Reserve
Court: United States District Court for the District of North Dakota
Date: November 22, 2024
Summary: The RLC’s brief explains the impact of debit interchange fees on merchants and describes why the inclusion of certain cost categories in the calculation of the interchange fee cap in Regulation II is prohibited by the Durbin Amendment.
Coalition: The RLC led a coalition joined by Merchant Advisory Group and the National Federation of Independent Small Business Legal Center.
Counsel: Adam Unikowksy of Jenner & Block
Court: United States District Court for the District of North Dakota
Date: November 22, 2024
Summary: The RLC’s brief explains the impact of debit interchange fees on merchants and describes why the inclusion of certain cost categories in the calculation of the interchange fee cap in Regulation II is prohibited by the Durbin Amendment.
Coalition: The RLC led a coalition joined by Merchant Advisory Group and the National Federation of Independent Small Business Legal Center.
Counsel: Adam Unikowksy of Jenner & Block