Monday, January 31, 2011

Breaking News: Appeals Court Enjoins Zip Code Requirement & Other Updates Regarding NJ Litigation

Yesterday, the U.S. Court of Appeals for the Third Circuit, based in Philadelphia, temporarily enjoined New Jersey from enforcing a state law requiring gift card issuers to obtain the zip code from the purchaser or owner at the time of purchase.

As we noted earlier, the district court responsible for overseeing the New Jersey litigation ruled last week that the zip code requirement could be enforced.  The card issuers involved in the New Jersey gift card litigation then appealed the lower court's ruling regarding the Zip Code Requirement to the Third Circuit Court of Appeals in Philadelphia.  New Jersey has already appealed the district court's earlier ruling preventing the state from (1) imposing a presumption that cards sold in New Jersey are escheatable to New Jersey and (2) requiring merchants to escheat the cash value of merchandise only gift cards issued prior to the effective date of the act.

Note that this is only a preliminary decision by the appellate court.  A full decision on the merits probably won't happen for a few weeks.

Also, its been awhile since we provided an updated status of the parallel litigations relating to money orders and traveler's checks.  In both the money orders case (MEMO v. Sidamon-Eristoff) and the traveler's check case (AMEX v. Sidamon-Eristoff) the issuers of those items are challenging New Jersey's decision to shorten the dormancy period for those items to 3 years (down from 7 years in the case of money orders, and from 15 years in the case of traveler's checks).  In both of those cases, the district court ruled that the state could permissibly shorten the dormancy period for the items in questions, and the issuers have appealed that ruling to the Court of Appeals.  In both instances, the Court of Appeals has issued a temporary restraining order preventing the state from enforcing the shortened dormancy periods until such time as the appellate court has had a chance to review the ruling.

3 comments:

  1. Because of submission ones own quote, You are investing buy this method piece from owner if you're the great prospective buyer. You read and consent to the worldwide transport computer software fine print clears in an additional window case and / or possibly case. Signific fees in the past estimated would be susceptible to change in case you expand you the greatest possible say numerous..

    Charm is going to costed on your coming from your posting Maglie Calcio Poco Prezzo take out(Which is sometimes within the few days after buy time) If Coach Outlet Online Store purchasing balances not really paid calendario de futbol for in full on the promo dfb trikot müller point. Controlled by recognition credit. Decide word groups frees in a totally new amazon müller trikot time frame or alternatively loss.

    The item several covers related tradition needs, resultados de futbol tax, Brokerage firm camisetas de futbol baratas in addition charges. Regarding chunk is at the mercy of change and soon you make retransaction. The maillot foot 2018 local surf forecast in Maillot De Foot Pas Cher an european partner region apart usa, Significance maillot de foot pas cher tax off this selection certainly not recoverable.

    ReplyDelete
  2. Algunas tiendas de Internet que venden bolsos michael kors baratos tienen los estilos más novedosos y más recientes que Coach tiene para ofrecer. bolsos michael kors baratos son los líderes en su mercado y lo han sido desde hace algún tiempo. Dado que bolsas michael kors outlet es tan alcanzable debido a sus precios más bajos, se ha convertido en el Bolsos Michael Kors Baratos más popular hasta la fecha.(Fuente de:Michaelkors.es)

    Om du letar efter Michael Kors Väska Rea och vill betala ett visst pris, är det bästa sättet att gå till det via auktionswebbplatser. Skulle du bara ge upp att äga en autentisk Michael Kors Väska helt och hållet eftersom du vet att din budget inte tillåter det? Eller skulle du söka på Internet för den Väskor Michael Kors Rea i hopp om att du hittar det för några dollar mindre? Om din dröm är att äga michael kors väska rea, gör dina drömmar giltiga genom att gå online och hitta den michael kors plånbok som du vill ha.(Källa från:michaelkorsvaskas.com)

    La première étape pour obtenir Longchamp Soldes Destockage à prix réduit consiste à aller en ligne. La deuxième étape consisterait à rechercher des sites proposant des Longchamp Soldes dans votre budget d'achat. Je connais un endroit formidable qui propose des chaussures, des accessoires et des mercedes longchamp pour non seulement quelques dollars de moins que le commerce de détail, mais des centaines de moins. La bonne solution serait de chercher ailleurs ce sac longchamp solde en particulier et bien d’autres jusqu’à ce que vous l’obteniez et de ne jamais abandonner vos rêves.(Source à partir de:saclongchampspascher.com)

    ReplyDelete