Judge: Plaintiff Lacks Standing, Preempted From Pursuing Racketeering Claim

Mealey's (January 9, 2017, 12:50 PM EST) -- NORFOLK, Va. — A Virginia federal judge on Jan. 3 held that a restoration company has no standing to pursue a claim under the Racketeer Influenced and Corrupt Organizations Act, further finding that the National Flood Insurance Act (NFIA) preempts the company from pursuing its lawsuit against a federal flood insurer and seven other defendants (Slay's Restoration LLC v. Wright National Flood Insurance Co., No. 15-140, E.D. Va.; 2017 U.S. Dist. LEXIS 1490)....