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Stored Value Cards
NEW! 8/28/2008 9:39:52 AM EST
Stored Value Cards and Other New Payment Devices

Changing demands have led to new payment methods. One of these methods, prepaid stored value cards, has become very popular. This commentary by Professor Arnold S. Rosenberg focuses on the legal ramifications and regulation of stored value cards, discussing the applicable law, application of the Electronic Fund Transfer Act (EFTA) and Reg E to payroll cards under new regs promulgated by the Fed, and state gift card legislation
By Professor Arnold Rosenberg

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A bartender works in a restaurant located in a high crime area. He's struck in the back by a stray bullet that was fired from a gang shooting outside the restaurant. Is his injury compensable?

Yes, increased risk existed at restaurant
No, risk was the same as for general public
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