High Court Rules For RJR In RICO Case

Mealey's (June 20, 2016, 2:10 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on June 20 held that although the presumption against extraterritoriality has been rebutted with respect to certain applications of the Racketeer Influenced and Corrupt Organizations Act’s (RICO) substantive prohibitions in 18 U.S. Code Section 1961, the private right of action under Section 1964(c) does not authorize suit in U.S. courts by the European Community and 26 of its members (collectively, EC) on allegations that RJR Nabisco Inc. engaged in a pattern of racketeering activity, including cigarette smuggling and money...
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