Racketeer Influenced and Corrupt Organizations Act

(redirected from Rico law)
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Noun1.Racketeer Influenced and Corrupt Organizations Act - law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisionsRacketeer Influenced and Corrupt Organizations Act - law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions
law - legal document setting forth rules governing a particular kind of activity; "there is a law against kidnapping"
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
References in periodicals archive ?
PREPA bonds are secured by a lien on the system revenues, and supported by covenants and Puerto Rico law ensuring that rates must be sufficient to cover all costs including debt service.
As a result of PREPAs defaults, Assured Guaranty and PREPAs bondholders are entitled to the appointment of a receiver for PREPA under Puerto Rico law and PREPAs bond documents.
Gomez received her Bachelor of Science degree from Oral Roberts University and her Juris Doctor degree, magna cum laude, from Pontificial Catholic University of Puerto Rico Law School.
Now, however, they've won at least a new trial under a new Puerto Rico law that expands defendants' rights to lodge appeals based on DNA testing.
The letter-writers believe that any individuals and organisations involved in questioning the "science" behind global warming are the equivalent of the racketeers the RICO law was supposed to stop - racketeers like the kind Marlon Brando portrayed as Vito Corleone in The Godfather or Edward G Robinson played as Enrico "Rico" Bandello in Little Caesar.
See Henry Weinstein, Use of RICO Law in Rampart Cases
The 1st Circuit disagreed with Chartis primarily on the ground that Puerto Rico law requires advancement of defense costs if there is just a "mere likelihood of a remote possibility of coverage to jump-start the cost-advancement duty.
In this cycle, the local think-tank was one of three groups selected, along with organizations from Buffalo and San Diego, said CNE President Mike Soto-Class, adding that the CNE will work with the ACLU of Puerto Rico, the University of Puerto Rico Law Clinic, the Center for Investigative Journalism, the Angel Ramos Foundation, Banco Popular Foundation, and the Flamboyn Foundation to develop the strategy.
The key to successfully bringing about convictions based on the RICO law hinged on one integral aspect: organization.
Yet to be decided is whether charges in that suit involve claims that may fall under the Racketeer Influenced and Corrupt Organizations Act, better known as the RICO law.
The racketeering allegations, brought under the RICO law, were based on the fact that most of the insurers used the same computer and billing system to process doctors' claims.