Illinois attorney general files brief in state interchange fee prohibition appeal

On April 3, the Illinois attorney general filed a combined principal and response brief in the U.S. Court of Appeals for the 7th Circuit, urging the court to affirm the district court’s ruling that the Illinois Interchange Fee Prohibition Act’s (IFPA) interchange fee limitation is not preempted by federal law and to reverse the district court’s permanent injunction blocking enforcement of the IFPA’s data usage limitation.... By: Orrick, Herrington & Sutcliffe LLP