Convenience stores and other retailers are urging a U.S. District Court judge to reject another settlement that Visa and Mastercard have proposed in the longstanding lawsuit against them and their banking partners concerning credit card interchange fees.

Defendants in the long-running legal battle over merchants’ card-acceptance costs officially filed an Amended Settlement Agreement Monday. The agreement, filed in the United States District Court for the Eastern District of New York,

Former LSU football coach Brian Kelly has reportedly rejected two financial settlement offers from the university, and his attorneys have set a Monday deadline to confirm he'll will receive the $54 million owed to him per the terms of his contract, according to ESPN's Mark Schlabach.

The court ruled that an unsigned settlement isn't enforceable if the parties disagree on key terms, like the scope of claims. Signing minor documents doesn’t count as partial performance. Courts focus on the parties’ true intent and whether they agreed on essential terms.

Swipe fees are most merchants’ highest operating cost after labor and too large to absorb, resulting higher prices, according to NRF, which added that total credit and debit card swipe fees hit a record $187.2 billion in 2024, driving up prices almost $1,200 a year for the average family.

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After seven months of negotiations to hash out settlement language, the legal case against the Holly Hotel remains in limbo. On Feb. 10., a day before Holly Hotel co-owner George Kutlenios was set to take the stand in a trial intended to restart construction of the hotel, a settlement was reached.