UniCredit Fights Madoff Trustee's Racketeering Claims

Law360, New York (July 26, 2011, 4:14 PM EDT) -- Racketeering claims against UniCredit SpA — part of the Bernard L. Madoff fraud recovery trustee's $59 billion suit against financier Sonja Kohn — are barred by U.S. Supreme Court precedent in Morrison, the Milan-based bank argued Monday in New York.

UniCredit's argument — that the high court's Morrison v. National Australia Bank Ltd. ruling means claims brought under the Racketeer Influenced and Corrupt Organizations Act can only be enforced domestically — came as part of a sharply worded dismissal motion that painted the claims against the...
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Case Information

Case Title

Irving H. Picard v. Sonja Kohn et al

Case Number



New York Southern

Nature of Suit

Bankruptcy Appeal (801)


Jed S. Rakoff

Date Filed

February 21, 2011

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