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  • 'Legal Nightmare' Feared in Russia(Russia's RICO suit against Bank of NY Mellon)

    07/08/2008 9:51:50 PM PDT · by TigerLikesRooster · 2 replies · 180+ views
    NY Sun ^ | 06/30/08 | JULIE SATOW
    'Legal Nightmare' Feared in Russia Suit Against Bank of New York Mellon May Set RICO Precedent By JULIE SATOW, Staff Reporter of the Sun | June 30, 2008 http://www.nysun.com/business/legal-nightmare-feared-in-russia/80947/ The final stages of a $22.5 billion battle pitting the Bank of New York Mellon against the Russian Federation will begin today in a Russian court. Stephen Chernin/Getty A December 2006 picture of a Bank of New York branch just before the bank acquired Mellon Financial Corp. The decision in the money laundering suit, which may be handed down as early as this week, could set a precedent for the global...