Banking and Lending/Workouts and Receiverships
Altior Law attorneys have experience in litigating claims for violation of the Racketeer Influenced and Corrupt Organizations Act, commonly known as RICO. While initially intended to allow private citizens to fight organized crime, civil RICO Act claims have become more common due to the possible award of treble (three-times) damages and attorney fees. Due to the requirements of the Act, RICO claims are frequently premised on an alleged pattern of mail or wire fraud committed by a group for a common purpose. While these allegations are easily made, RICO Act claims can be difficult to prove and can fail due to counsel’s unfamiliarity with the vast body of case law and nuance court’s apply in evaluating RICO Act claims. Altior Law attorneys are familiar with the law and nuances of RICO Act claims, and are prepared to vigorously litigate on behalf of our clients.