Legal News

Discovered Emails Between Opposing Lawyers May Ruin Settlement
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Visa MasterCard

Summary: Billion dollar settlements between merchants and major card companies MasterCard, Visa, and American Express are coming undone after communication was discovered between the opposing lawyers.

Emails have been discovered between close friends and opposing lawyers in a contentious $6 billion class-action antitrust settlement. Keila Ravelo represented MasterCard Inc. in the antitrust case against merchants over the setting of interchange fees for consumers that use debit or credit cards. Gary Friedman represented the merchants in the case.

  
What
Where


Ravelo and Friedman were colleagues earlier in their careers. During the time of the class-action Ravelo was a partner at Willkie Farr & Gallagher LLP. Friedman was with the Friedman Law Group LLC. Willkie Farr was the one to discover the emails.

The merchants, including stores like Wal-Mart, Home Depot, and 7-Eleven, will formally announce that they will undo the pact. They argue that the discovered communications between the lawyers included confidential information, making the representation they received by the lawyer inadequate.

Another settlement between American Express Co and most of the same merchants for $79 million will probably come unraveled as well. Friedman represented the merchants in both cases. He earned a $32 million fee in just the Visa-Mastercard case. Now the merchants want to see that money returned to the settlement fund.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The new law firm representing MasterCard noted that they emails “indicate that its former partner and Mr. Friedman may have violated protective orders, improperly disclosed confidential information and otherwise made improper and inappropriate communications.”

Source: http://www.cspnet.com/category-news/services/articles/emails-could-tank-already-contentious-swipe-fee-settlement



Photo: wsj.com



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Senior Corporate Associate Attorney

USA-MN-Minneapolis

Minneapolis office of an AmLaw firm seeks senior corporate associate attorney with preferably 7-9 ye...

Apply Now

White Collar Litigation and Investigations Associate Attorney

USA-MA-Boston

Boston office of an AmLaw firm seeks white collar litigation and investigations associate attorney w...

Apply Now

Litigation Associate Attorney

USA-OH-West Chester

West Chester office of our client seeks litigation associate attorney with 3-5 years of experience, ...

Apply Now

RELEVANT JOBS

Workers' Compensation Defense Attorney - 2-5 Years Exp.

USA-CA-Los Angeles

We are a growing Workers\' Compensation defense firm based in Los Angeles with satellite offices in ...

Apply now

Legal Assistant / Paralegal

USA-NM-Albuquerque

Small but busy construction law firm is interested in hiring a part time experienced administrative ...

Apply now

Associate Attorney

USA-KS-Overland Park

Schaffer & Morton, a Johnson County, Kansas litigation firm, seeks an attorney with 2-5 years of civ...

Apply now

Personal Injury LItigation Paralegal

USA-CA-Encino

About the company: the Champion Law Firm’s mission is to provide the best representation to ou...

Apply now

SEARCH IN ARCHIVE

To Top