Official Committee of Unsecured Creditors of PSA, Inc. v. Edwards

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• considering “the policy of civil liability under the federal RICO statute”
• “[F]ederal RICO violations, as a matter of law, require affirmative wrongdoing rather than passive acquiescence . . . .”
• “[F]ederal RICO violations, as a matter of law, require affirmative wrongdoing rather than passive acquiescence . . . .”
• “In the law of commercial paper, personal defenses are affirmative defenses that may not be asserted against a holder-in-due-course.”
• “recovery under RICO.would not divest RICO violators of their ill-gotten gains.’,’
• finding public policy exception inapplicable in analogous circumstances

Source: CourtListener parenthetical corpus (CC0).