Thursday, October 1, 2015

"U.S. top court to decide if EU countries can sue R.J. Reynolds over money-laundering"

From the Thompson Reuters Trust:
The U.S. Supreme Court on Thursday agreed to decide whether a lawsuit filed by European Union countries accusing cigarette maker R.J. Reynolds of running a global money-laundering scheme involving narcotics smuggling into Europe can move forward.

The case could have broad implications because the court will decide whether plaintiffs can sue under U.S. federal civil racketeering laws for conduct that takes place overseas and, if so, under what circumstances....MORE