Linney's Pizza, LLC v. Board of Governors of the Federal Reserve System

CourtDistrict Court, E.D. Kentucky
DecidedMay 1, 2025
Docket3:22-cv-00071
StatusUnknown

This text of Linney's Pizza, LLC v. Board of Governors of the Federal Reserve System (Linney's Pizza, LLC v. Board of Governors of the Federal Reserve System) is published on Counsel Stack Legal Research, covering District Court, E.D. Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Linney's Pizza, LLC v. Board of Governors of the Federal Reserve System, (E.D. Ky. 2025).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF KENTUCKY CENTRAL DIVISION FRANKFORT

LINNEY’S PIZZA, LLC, )

)

Plaintiff, ) Civil No. 3:22-cv-00071-GFVT )

v. )

) MEMORANDUM OPINION BOARD OF GOVERNORS OF THE ) FEDERAL RESERVE SYSTEM, ) & ) ORDER Defendant. ) ) *** *** *** *** This Matter is before the Court on a Motion to Intervene brought by proposed intervenors The Bank Policy Institute (“BPI”) and The Clearing House Association L.L.C. (“TCH”). [R. 26.] The Proposed Intervenors seek to intervene in this action pursuant to Federal Rule of Civil Procedure 24 in order to defend Regulation II. [R. 26-1 at 6.] They seek intervention of right and by permission. Id. at 7. While the Proposed Intervenors’ motion is timely, because they do not establish that the Board will inadequately represent their interests, the Motion to Intervene [R. 26] is DENIED. I Linney’s Pizza initially brought this action on December 9, 2022, challenging the regulation that sets the maximum fee that banks can charge merchants for processing debit-card transactions.1 [R. 1.] On September 15, 2023, the Court granted the Defendant’s motion to dismiss, reasoning that Linney’s challenge was untimely. [R. 17.] Linney’s appealed that decision, [R. 18], and on September 5, 2024, the Sixth Circuit vacated this Court’s judgment

1 See 12 C.F.R. § 235 et seq. (“Regulation II”) following the Supreme Court’s decision in Corner Post, Inc. v. Bd. of Governors of the Fed. Rsrv. Sys., 144 S. Ct. 2440 (2024). [R. 21-1.] The Court received that mandate on October 28, 2024, and, following a joint motion by the parties, entered a scheduling order on January 8, 2025. [R. 25.] Weeks later, on January 27, 2025, the Proposed Intervenors made their motion to intervene.2 [R. 26.]

II Federal Rule of Civil Procedure 24 recognizes two forms of intervention: intervention of right and permissive intervention. The Proposed Intervenors seek both forms. [R. 26.] Linney’s objects to either form of intervention, but note that they would not oppose allowing the Proposed Intervenors to file an amicus brief. [R. 37 at 23.] The Defendant takes no position on the Proposed Intervenors’ attempt to intervene. [R. 36.] A Federal Rule of Civil Procedure 24(a)(2) provides that the Court must permit intervention when a non-party “claims an interest relating to the property or transaction that is the subject of

the action, and is so situated that disposing of the action may as a practical matter impair or impede the movant’s ability to protect its interest, unless existing parties adequately represent that interest.” Fed. R. Civ. P. 24(a)(2). Jansen v. City of Cincinnati establishes the standard for determining whether a non-party is entitled to intervention of right:

2 Corner Post itself involves a parallel challenge to Regulation II. See Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., No. 1:21-cv-00095 (D.N.D.). In that case the Proposed Intervenors also brought a motion to intervene. [R. 45.] The district court in Corner Post ultimately denied the Proposed Intervenors’ motion, determining that the motion was untimely and that the Board adequately represents the interests of the proposed intervenors. [R. 64.] Furthermore, the district court in Corner Post denied the Proposed Intervenors’ attempt at permissive intervention, reasoning that allowing the Proposed Intervenors to intervene would “would only serve to further delay disposition of this matter” and would “likely result in significant duplication and consumption of additional resources.” Id. at 11-12. ...the proposed intervenors [must] demonstrate that the following four criteria have been met: (1) the motion to intervene is timely; (2) the proposed intervenors have a significant legal interest in the subject matter of the pending litigation; (3) the disposition of the action may impair or impede the proposed intervenors’ ability to protect their legal interest; and (4) the parties to the litigation cannot adequately protect the proposed intervenors’ interest. 904 F.2d 336, 340 (6th Cir. 1990) (citing Triax Co. v. TRW, Inc., 724 F.2d 1224, 1227 (6th Cir. 1984)); see also Grutter v. Bollinger, 188 F.3d 394 (6th Cir. 1999); Fed. R. Civ. P. 24(a). “The proposed intervenor must prove each of the four factors; failure to meet one of the criteria will require that the motion to intervene be denied.” United States v. Michigan, 424 F.3d 438, 443 (6th Cir. 2005) (quoting Grubbs v. Norris, 870 F.2d 343, 345 (6th Cir. 1989)). Linney’s Pizza argues that the Proposed Intervenors fail to meet two of these criteria, timeliness and adequacy of representation. [R. 37.] In their view, the Proposed Intervenors dallied and dawdled while this case progressed and have sought to intervene at a relatively late hour. Id. at 16-21. They also contend that the Board adequately represents the Proposed Intervenors’ interests because the Board is actively defending Regulation II. Id. at 11-15. By contrast, the Proposed Intervenors argue that their motion is timely as this case is not near “its final stages” and because they have acted promptly to defend their interests as the legal situation developed. [R. 26-1 at 15-18.] They further suggest that they “cannot rely on the Board to adequately represent their interests” because they have invested heavily in an electronic debit card payments system and the Board has not – leaving the Board in a position where it may ultimately change its mind on defending Regulation II. Id. at 19-21. The Proposed Intervenors note that Linney’s does not contest the other factors, which the Proposed Intervenors contend are therefore conceded. [R. 43 at 5.] Accordingly, the Court will focus its attention on those factors that are contested: the timeliness of the Proposed Intervenors’ motion and whether the Board can adequately protect the Proposed Intervenors’ interests. 1 First, the Court considers whether the Proposed Intervenors’ motion is timely. The Sixth Circuit directs district courts to consider five factors in determining whether intervention was timely:

1) the point to which the suit has progressed; 2) the purpose for which intervention is sought; 3) the length of time preceding the application during which the proposed intervenors knew or should have known of their interest in the case; 4) the prejudice to the original parties due to the proposed intervenors’ failure to promptly intervene after they knew or reasonably should have known of their interest in the case; and 5) the existence of unusual circumstances militating against or in favor of intervention.

In re Auto. Parts Antitrust Litig., 33 F.4th 894, 900 (6th Cir. 2022). The Proposed Intervenors argue that each and every factor supports the timeliness of their motion. [R.

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Linney's Pizza, LLC v. Board of Governors of the Federal Reserve System, Counsel Stack Legal Research, https://law.counselstack.com/opinion/linneys-pizza-llc-v-board-of-governors-of-the-federal-reserve-system-kyed-2025.