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RICO Claims Arbitrable

Client Alert | less than 1 min read | 04.08.03

A unanimous U.S. Supreme Court ruled on April 7, 2003 that racketeering claims against UnitedHealth Group Inc. and PacifiCare Health Systems Inc. can be submitted to arbitration. The Court ruled that concerns about the availability of punitive damages in arbitration did not prevent enforcement of the arbitration provisions of the plaintiffs' contracts with the health plans. The slip opinion is available at: http://supct.law.cornell.edu/supct/pdf/02-215P.ZO

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Client Alert | 3 min read | 06.03.26

Important EU Court Judgment Clarifies Rules on Interest Due in Cartel Damages Cases

In a judgment that will have direct and immediate consequences, the Court of Justice of the European Union (CJEU) has clarified that for all competition damages actions brought after 26 December 2014, interest runs from the date on which the harm occurred. The ruling addressed two important questions: (1) whether national provisions implementing Article 3(2) of the EU Damages Directive — which requires interest to run from the date harm occurred —apply to cases in which the harm preceded the adoption of those provisions; and (2) how the date of harm should be determined in cartel cases involving the purchase of goods at inflated prices....