United States Supreme Court Confirms Availability of Civil RICO as International Award Enforcement Tool: Do Recalcitrant Debtors Now Risk Treble Damages Awards in the United States?
On 22 June 2023, the Supreme Court of the United States issued an opinion in the combined cases of Yegiazaryan v. Smagin et al. and CMB Monaco v. Smagin et al., Case Nos. 22-381 & 22-383 (U.S.). The case resolves divergent lower appellate rulings in the United States over whether a non-U.S. domiciliary may sustain a…