High Court Won't Hear Costa Rican Utility $18M FCPA Appeal

Law360, New York (December 10, 2012, 1:27 PM EST) -- The U.S Supreme Court on Monday rejected a Costa Rican state-owned utility’s attempt to force Eleventh Circuit to hear its bid for $18 million in restitution following a $92 million Foreign Corrupt Practices Act settlement between Alcatel-Lucent SA and the U.S. government.

Instituto Costarricense de Electricidad had argued in a petition for writ of certiorari last month that the Eleventh Circuit violated its rights under the Crime Victims' Rights Act in August when it denied Instituto's opportunity to appeal a Florida court's ruling that the utility...
To view the full article, register now.