CMB Monaco, fka Compagnie Monegasque de Banque, Petitioner v. Vitaly Ivanovich Smagin, et al.
Case Number:
22-383
Court:
Nature of Suit:
Firms
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June 22, 2023
Justices Greenlight RICO To Enforce Arbitration Award
The U.S. Supreme Court on Thursday ruled that U.S. racketeering law may be used to enforce foreign arbitral awards, forging a new path for award creditors whose attempts to collect what they're owed have previously been stymied by debtors who hide seizable assets.
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January 13, 2023
Justices Take Up $92M Racketeering Suit
The U.S. Supreme Court agreed on Friday afternoon to consider whether a foreign party that has won an international arbitral award can use U.S. racketeering statutes to try to enforce it, in a case involving a $92 million arbitral award issued in a Russian real estate dispute.
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November 01, 2022
Supreme Court Asked To Weigh In On $92M Racketeering Suit
A Monaco bank and an alleged Russian real estate fraudster have asked the U.S. Supreme Court to weigh in on a racketeering lawsuit, urging the justices to resolve disparities among three circuit courts in their determination of what constitutes a domestic injury in RICO claims.