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SIMPSON ELEC v. LEUCADIA, INC

72 N.Y.2d 450 (1988)

Simpson Electric Corporation, Respondent, v. Leucadia, Inc., Defendant-Appellant and Third-Party Plaintiff, et al., Defendant, et al., Third-Party Defendant.

Court of Appeals of the State of New York.

Decided October 25, 1988.

Attorney(s) appearing for the Case

Deborah Doty, Raymond Fitzgerald and Andrew W. Sidman for defendant-appellant and third-party plaintiff.

Joseph J. Haspel, Harvey S. Barr and Craig D. Zlotnick for respondent.

Chief Judge WACHTLER and Judges KAYE, ALEXANDER, TITONE, HANCOCK, JR., and BELLACOSA concur.

SIMONS, J.

This appeal presents two questions: first, whether State courts enjoy concurrent jurisdiction with Federal courts over civil claims brought under the Racketeer Influenced and Corrupt Organizations Act (RICO) (18 USC §§ 1961-1968) and, second, whether defendant Leucadia has stated a cause of action for damages under the act in the fifth counterclaim of its amended answer. The Appellate Division...

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