9th Circuit Won’t Rehear RICO Standing Dispute In Bid To Enforce $92M Award

Mealey's (July 26, 2022, 2:10 PM EDT) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on July 22 denied a petition for rehearing filed by a Russian award-debtor and his co-defendants who sought to challenge the court’s reversal of the dismissal of a lawsuit accusing them of violating the Racketeer Influenced and Corrupt Organizations Act (RICO) by conspiring to evade enforcement of a foreign arbitral award worth more than $92 million....