7th Circ. Affirms $413M Judgment In Business Park RICO Suit

Law360, Los Angeles (February 4, 2014, 10:15 PM EST) -- The Seventh Circuit ruled Tuesday that an Illinois federal judge didn't abuse her discretion by ordering a $413 million default judgment against shareholders alleged to have broken federal racketeering laws by looting a business park in Poland to build subdivisions in Chicago.

Affirming U.S. District Judge Elaine E. Bucklo's decisions to levy the sanctions and hold the three defendants-at-issue in contempt, the appeals court said they repeatedly abused the discovery process by refusing to produce bank account records and preserve hard-drive files as requested by the...
To view the full article, register now.




Case Information

Case Title

Jan Domanus, et al v. Derek Lewicki, et al

Case Number



Appellate - 7th Circuit

Nature of Suit

3470 Civil (Rico)

Date Filed

July 1, 2013

Law Firms

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.