Steve Schneider Gives the Inside Counsel Insight Into the TJX Litigation
January 15, 2008
In re TJX Companies Retail Security Breach Litigation constitutes "a line in the sand" drawn by banks and credit card companies against alleged security deficiencies by retailers, according to MSK partner Steve Schneider who told Inside Counsel Magazine that the key may be "what reliance the issuing banks actually placed on the representation (by TJX and Fifth Third) and whether that reliance is justified."