RICO Strikes (Out) Again in the Commercial Division: Bank of India v Anaya Gems

I have a soft spot for civil RICO: treble damages, enterprise allegations, the chance to elevate ordinary fraud into something operatic. But, as many of us have learned, civil RICO is not meant to transform ordinary commercial disputes into racketeering cases. Courts routinely dismiss such claims when plaintiffs fail to meet the statute’s strict pleading requirements.... By: Farrell Fritz, P.C.