Associates First Capital Corp. has settled out of court with a marketer that claimed the Ford unit had violated a processing patent.

The marketing company, Meridian Enterprises Corp., is also suing and being countersued by Visa U.S.A., MasterCard International, Chase Manhattan Bank, and Shell Oil Co.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.