Dismissal Of RICO Claims In Borrower Suit As Barred Under Res Judicata Affirmed

Mealey's (March 15, 2021, 11:18 AM EDT) -- CINCINNATI — A federal district court did not err in applying the doctrine of res judicata in  dismissing a developer’s claims brought pursuant to the Racketeer Influenced and Corrupt Organizations Act (RICO) against it lender because the borrower could have brought its claims in a related state court action, a Sixth Circuit U.S. Court of Appeals panel ruled March 10 in affirming....