June 22, 2023
The U.S. Supreme Court on Thursday ruled that U.S. racketeering law may be used to enforce foreign arbitral awards, forging a new path for award creditors whose attempts to collect what they're owed have previously been stymied by debtors who hide seizable assets.
January 13, 2023
The U.S. Supreme Court agreed on Friday afternoon to consider whether a foreign party that has won an international arbitral award can use U.S. racketeering statutes to try to enforce it, in a case involving a $92 million arbitral award issued in a Russian real estate dispute.
November 01, 2022
A Monaco bank and an alleged Russian real estate fraudster have asked the U.S. Supreme Court to weigh in on a racketeering lawsuit, urging the justices to resolve disparities among three circuit courts in their determination of what constitutes a domestic injury in RICO claims.