High Court Urged To Review Russian’s RICO Claim In $92M Award Row

Mealey's (November 1, 2022, 12:53 PM EDT) -- WASHINGTON, D.C. — A Russian award-debtor residing in California and a Monaco bank separately filed petitions for certiorari to the U.S. Supreme Court urging it to resolve a circuit split over whether foreign plaintiffs can bring Racketeer Influenced and Corrupt Organizations Act (RICO) claims for harm to “intangible property,” after the Ninth Circuit U.S. Court of Appeals allowed RICO claims against them for conspiring to evade enforcement of a $92 million award....