3rd Circ. Cans $3M Racketeering Suit Against Israeli Atty

Law360, Los Angeles (December 12, 2013, 7:08 PM EST) -- The Third Circuit on Thursday nixed a Ukrainian investor's $3 million racketeering suit accusing an Israeli attorney and businessman of reaping secret profits on coal- and steel-related deals for which he served as an adviser, saying the dispute should be litigated in Israel.

Affirming a Pennsylvania federal judge's dismissal of the suit on forum non conveniens grounds, a three-judge panel found that most of the conduct concerning the deals took place in Israel, and that Ukrainian businessman Vadim Shulman's connections with the U.S. weren't particularly extensive....
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