Global Gaming Asset Management will at last receive a $300m settlement from Sureste Properties and Bloomberry Resorts & Hotels, Inc.

In light of its successful application in the Smagin case, however, might foreigners have a new-found hope for achieving justice in US courts through Civil RICO? Wielding this weapon can come with great costs, but in the right hands, it can demolish even the most complex wealth-protection strategies.

The Racketeer Influenced and Corrupt Organizations Act impacted SCOTUS’ ruling in the Yegiazaryan v. Smagin case and holds real potential to impact future asset recovery.