Chase Wins $20M In Landry’s Data Breach Suit – Law360

chase-wins-$20m-in-landry’s-data-breach-suit-–-law360

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Law360 (May 10, 2021, 6: 24 PM EDT) -- Landry's must repay $20 million in penalties that Visa and Mastercard levied against JPMorgan Chase Bank NA following a breach of the hospitality company's data, a Texas federal judge has ruled, saying Landry's broke its merchant agreement.

U.S. District Judge Lynn N. Hughes on Friday granted a motion for partial summary judgment brought by Chase and its payment processing arm Paymentech LLC, finding that Landry's Inc. is contractually obligated to pay the $20 million that the bank was charged by Visa and Mastercard to cover the costs of a data breach the hospitality company announced in 2015.

Chase and Paymentech claim...

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