The US Supreme Court has opened the door for foreign plaintiffs to sue under the Racketeer Influenced and Corrupt Organizations Act (RICO). RICO is a powerful statute that allows recovery of treble damages and attorneys’ fees...more
9/20/2023
/ Arbitration Awards ,
Domestic Injury ,
Extraterritoriality Rules ,
Foreign Arbitral Awards ,
Foreign Judgments ,
Foreign Jurisdictions ,
International Arbitration ,
Racketeering ,
RICO ,
RJR Nabisco v European Community ,
SCOTUS ,
Yegiazaryan v Smagin
In Pennsylvania, an out-of-state corporation may not do business there until it registers with the Pennsylvania Department of State. Under Pennsylvania law, once the out-of-state corporation is registered, Pennsylvania state...more
On April 25, 2023, the U.S. Supreme Court heard argument on whether a foreign plaintiff can state a civil claim under the Racketeer Influenced and Corrupt Organizations Act (“RICO”) against a foreign defendant based on...more