2nd Circ. Clarifies RICO Ruling At US' Request

Law360, New York (December 09, 2010, 4:00 PM ET) -- A federal appeals court panel has clarified that its decision in a Racketeer Influenced and Corrupt Organizations Act suit brought by Norex Petroleum Ltd. applies only to private civil actions under the law and not to criminal RICO actions, a move that comes in response to government concerns that the ruling could have limited its power to apply RICO extraterritorially.

The U.S. Court of Appeals for the Second Circuit issued an amended decision Wednesday, adding one paragraph to its prior decision that dismissed the suit. This...
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