Criminal
Oct. 8, 2010
The Short-Arm of the Law: 2nd Circuit Limits RICO's Extraterritorial Reach
Exactly how much domestic activity is required to trigger extraterritorial application of RICO? By Stephen R. Smerek and Jason C. Hamilton of Winston & Strawn.
This summer, the U.S. Supreme Court held that Section 10(b) of the Securities Exchange Act of 1934 does not apply extraterritorially. Morrison v. National Australia Bank Ltd., 130 S. Ct. 2869 (2010). The Court based its decision on the longstanding principle that, unless a contrary intent is expressed, federal laws apply only within the territorial jurisdiction of the United States. Although the Morris...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In