Legal Opinion
City of Milwaukee v. Universal Mortgage Corp.
District Court, E.D. Wisconsin
Decided August 19, 1988No. 88-C-0075PublishedCited by 2 opinions
1Opinion of the Court
DECISION AND ORDER
WARREN, Chief Judge.
The racketeering laws (RICO) of both the United States and the State of Wisconsin provide that “any person” injured by violations of RICO laws may sue and recover either triple (U.S.) or double (Wisconsin) damages. This broad language, however, has been tempered by the judicial belief that, in a philosophical sense, the consequences of an act go forward like ripples in a pond and extending liability for RICO violations to all ends of the pond would fill the courts with endless litigation. To that end, the courts have held RICO claims to certain causation…
2Cases cited21 opinions
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Haroco, Inc. v. American National Bank and Trust Company of Chicago, Walter E. Heller International Corporation, & Ronald J. GrayheckCourt of Appeals for the Seventh Circuit · 1985
- American Nat. Bank & Trust Co. of Chicago v. Haroco, Inc.Supreme Court of the United States · 1985
- Morgan v. Pennsylvania General InsuranceWisconsin Supreme Court · 1979
- Southern Pacific Co. v. Darnell-Taenzer Lumber Co.Supreme Court of the United States · 1918
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3Cited by2 opinions
- Grove Holding Corp. v. First Wisconsin National BankDistrict Court, E.D. Wisconsin · 1992
- Brunswick Corp. v. E.A. Doyle Manufacturing Co.District Court, E.D. Wisconsin · 1991