United States Seventh Circuit
Phoenix Bond & Indem. Co. v. Bridge, 06-1160
In a RICO suit alleging a pattern of mail fraud in connection with a tax lien bidding system, dismissal of the complaint for lack of standing is reversed and remanded where plaintiffs sufficiently demonstrated injury in fact and established that their injury was proximately caused by the defendants' scheme in order to create standing under RICO.
Appellate Information
- Argued 01/16/2007
- Decided 02/20/2007
- Published 02/20/2007
Judges
- EASTERBROOK, Chief Judge., Before EASTERBROOK, Chief Judge, and POSNER and EVANS, Circuit Judges.
Court
- United States Seventh Circuit
Counsel
- For Appellant:
- Lowell E. Sachnoff (argued), John Moynihan, Sachnoff & Weaver, Chicago, IL, for Plaintiffs-Appellants.
- For Appellees:
- Theodore M. Becker (argued), Morgan, Lewis & Bockius, Kevin J. Clancy, Lowis & Gellen, Elisha S. Rosenblum, O'Halloran, Kosoff, Geitner & Cook, Michael J. Kralovec, Nash, Lalich & Kralovec, David S. Rosenbloom, McDermott, Will & Emery, Chicago, IL, Neil S. Ament, Northbrook, IL, Mark F. Wolfe, Bollinger, Ruberry & Garvey, Chicago, IL, for Defendants-Appellees.