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Analysis

RICO Decision Could Hold Banks, Law Firms On The Hook

By Caroline Simson ( June 23, 2023, 8:37 PM EDT) -- The U.S. Supreme Court's decision that civil racketeering law can be used to enforce foreign arbitral awards has provided a powerful and unique remedy to prevailing parties, while also potentially exposing the lawyers and banks that help the losers hide their money to significant liability....

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