Mastercard and Visa lost a bid on Wednesday to fend off a class action from retailers over unlawful card payment fees by arguing that the merchants didn't suffer loss because they passed on the charges.
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THURSDAY, FEBRUARY 19, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Visa, Mastercard Can't Avoid Swipe Fee Claims Pass-On

By William Janes

Mastercard and Visa lost a bid on Wednesday to fend off a class action from retailers over unlawful card payment fees by arguing that the merchants didn't suffer loss because they passed on the charges.

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UK Consumer Group Drops £480M Qualcomm Class Action

By Joanne Faulkner

Consumer group Which has said it is dropping its £480 million ($651 million) collective action accusing Qualcomm of anticompetitive behavior that drove up the prices of Apple and Samsung phones before the result of a five-week trial is delivered.

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On Players' Brain Injury Claims, FA Says Science Inconclusive

By Eddie Beaver

The governing bodies of football in England and Wales have denied claims from more than 100 football professionals of failure to phase out allegedly brain-injuring headers from the game, arguing that research on the dangers of the technique is still ongoing.

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SECURITIES & BANKING

'Reckless' Pensions Bosses Lose Bid To Overturn FCA Ban

By William Janes

A London tribunal has upheld a decision by the financial services regulator to ban two pensions company bosses from working in the sector after concluding that they had "recklessly" funneled savers' money into a high-risk property investment.

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TAX

Glencore Says It Paid $1B To HMRC Over Tax Disputes

By Josh White

Mining giant Glencore told shareholders Wednesday that it paid $1 billion to the U.K.'s tax authority last year over tax disputes but is pushing to recover some of the money.

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ARBITRATION

Liability Up First In ExxonMobil Suit Over Dutch Gas Phaseout

By Caroline Simson

An international tribunal will consider as an initial matter whether the Netherlands is liable in a politically sensitive dispute with a Belgian ExxonMobil unit over the phaseout of gas extraction in Europe's largest gas field before moving on to damages, according to an order made public on Wednesday.

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INSURANCE

Marine Insurer Settles Bid Over Fatal Sea Collision Claim

By Joel Poultney

Two insurance businesses have settled their dispute with an Italian provider of offshore support vessels after they tried to block the company from claiming any legal liabilities or costs as indemnity from a tugboat sinking that left five of its crew dead.

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EMPLOYMENT & BENEFITS

Pregnant UX Designer Wins Harassment Case Over Boob Joke

By Hanna Vioque

An employment tribunal has ruled that an Indian electric carmaker sexually harassed a former ergonomics expert by making light of her pregnancy despite the difficult circumstances she faced at the time, but it concluded the manufacturer ultimately had good reasons for making her redundant. 

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LEGAL ETHICS & MALPRACTICE

Solicitor Can't Escape SRA Case Over Antisemitic Remarks

By Sophia Dourou

A solicitor accused of making antisemitic and racist comments and inappropriately touching colleagues during work parties failed on Wednesday to persuade a tribunal to throw out the case against him.

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PEOPLE

Eversheds Hires International Arbitration Partner In Bucharest

By Joyce Hanson

Eversheds Sutherland has added to its cross‑border disputes capabilities in Europe, saying it has appointed a longtime international arbitration lawyer to work in the firm's Bucharest office.

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EXPERT ANALYSIS

Decoding Arbitral Disputes: US Cert Denial And EU Strategy

The U.S. Supreme Court recently denied certiorari in Russia v. Hulley Enterprises, leaving in place the D.C. Circuit's opinion supporting jurisdiction in the $50 billion arbitration award challenge, and intensifying litigation exposure for the European Union's strategy of contesting the enforceability of intra-EU awards abroad, says Josep Galvez at 4-5 Gray's Inn.

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LAW FIRMS IN TODAY'S NEWS

11 South Square

3 Verulam Buildings

4 5 Gray's Inn Square

8 New Square

Blackstone Chambers

Brick Court Chambers

DWF LLP

Eversheds Sutherland

Freshfields

Harcus Parker

Hausfeld LLP

Hill Dickinson

Jones Day

Kennedys Law LLP

Kingsley Napley

Leach & Walker

Linklaters LLP

Milbank LLP

Monckton Chambers

Norton Rose

One Essex Court

Outer Temple Chambers

Quinn Emanuel

Scott&Scott

Stephenson Harwood

Weightmans LLP

COMPANIES IN TODAY'S NEWS

Apple Inc.

British Broadcasting Corp.

Exxon Mobil Corp.

Federation Internationale de Football Association

Glencore PLC

Helmerich & Payne Inc.

International Centre for Settlement of Investment Disputes

KBW, Inc.

MS Amlin PLC

MasterCard Inc.

NextEra Energy Inc.

Pfizer Inc.

QUALCOMM Inc.

Samsung Electronics Co. Ltd.

Solicitors Disciplinary Tribunal

Solicitors Regulation Authority Ltd.

The Football Association Ltd.

United Nations Commission on International Trade Law

Visa Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Competition Appeal Tribunal

European Commission

European Union

Financial Conduct Authority

Financial Services Compensation Scheme

HM Revenue & Customs

International Chamber of Commerce

Permanent Court of Arbitration

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. District Court for the District of Columbia

U.S. Supreme Court

UK High Court

UK Upper Tribunal