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Debt RICO

King & Spalding

Southern District of New York Finds Contract Usurious so as to Support “Unlawful Debt” for RICO Purposes

King & Spalding on

On March 1, 2023, the U.S. District Court for the Southern District of New York refused to dismiss a RICO claim, finding that a usurious contract could qualify as an “unlawful debt” for RICO purposes. Before commencing...more

Bilzin Sumberg

Corporate Debt: Still Growing, and Still a Concern

Bilzin Sumberg on

As the pandemic began unfolding about a year ago, we wrote about the risk that the high volume of corporate debt might make it the next market bubble to burst. The issuance of corporate debt only accelerated in 2020 compared...more

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