Racketeering Law Applies Outside the U.S., With Limits, Justices Rule

The nation’s chief law against racketeering applies to some activities outside of the United States, but private plaintiffs must claim a domestic injury, the U.S. Supreme Court on Monday ruled in a closely watched business case involving a major American cigarette and food producer.

In RJR Nabisco v. The European Community, the justices said the Racketeer Influenced and Corrupt Organizations Act applies to “some” foreign activity, if the offenses violated another law that applied extraterritorially.

Read more: http://www.corpcounsel.com/id=1202760434890/Racketeering-Law-Applies-Outside-the-US-With-Limits-Justices-Rule#ixzz4C8hfCQSM