11th Circ. Won't Hear Appeal Over $92M Alcatel-Lucent Deal

Law360, New York (August 3, 2012, 6:53 PM EDT) -- The Eleventh Circuit on Friday shot down a Costa Rican state-owned utility's bid for victim status and restitution following a $92 million Foreign Corrupt Practices Act settlement between Alcatel-Lucent SA and the U.S. government, ruling that it lacked jurisdiction to hear the utility's appeal.

A three-judge panel held that because no final judgment has been entered in the Alcatel-Lucent case, Instituto Costarricense de Electricidad’s appeal of a lower-court decision that it lacks victim status under the Crime Victims’ Rights Act in two related cases falls flat....
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