Although the U.S. Supreme Court last week ducked the questions everyone expected it to answer in two unrelated challenges under RICO, high court observers viewed the outcome basically as a victory for anti-civil RICO forces. The issues not resolved — the scope of the “enterprise” definition in RICO and whether “reliance” is required in RICO mail and wire fraud claims — will continue to divide the lower courts and inevitably return to the Supreme Court, according to RICO litigators and scholars.
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Posted on Monday, June 12th, 2006. Filed under: Business Law, Law Misc
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