No. 24-288

Jonathan Zuhovitzky, et ux. v. UBS AG Che 101.329.562, et al.

Lower Court: Second Circuit
Docketed: 2024-09-12
Status: Denied
Type: Paid
Response Waived
Tags: circuit-court judicial-interpretation legal-causation proximate-cause rico-statute statutory-construction
Key Terms:
CriminalProcedure
Latest Conference: 2024-11-01
Question Presented (AI Summary)

Whether the Second Circuit's interpretation of 'proximate cause' under RICO is unreasonably narrow and fails to honor the statute's breadth

Question Presented (OCR Extract)

QUESTION PRESENTED Under the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. §1960-1968, in order for a cause of action to lie, the plaintiff must be able to establish both legal “but-for” causation as well as proximate or “by reason of” cause. Proximate cause is a flexible concept that labels generically the judicial tools used to limit a person’s responsibility for the consequences of that person's own acts.” Holmes v Securities Investor Protection Corp., 503 U.S. 258, 269 (1992). Proximate cause considers the permissible degree of attenuation between the claimed harm and the predicate act and requires “some direct relation between the injury asserted and the injurious conduct alleged”. Holmes v. Securities Investor Protection Corporation, 503 U.S. 258 (1992). The standard for proximate cause under RICO “is generous enough to include the unintended though foreseeable consequences of RICO predicate acts, including, in some instances, harms that flow from, or are derivative, of each other. Diaz v Gates, 420 F.3d 897 (9t Cir. 2005). The Question for the Court is: Whether the Second Circuit’s interpretation of “proximate cause” is unreasonable because it fails to honor the breadth of the RICO statute and ignores the Supreme Court’s admonition that there is no bright line standard and proximate cause must be carefully considered under a flexible standard carefully considering the circumstances of each individual case.

Docket Entries

2024-11-04
Petition DENIED.
2024-10-09
DISTRIBUTED for Conference of 11/1/2024.
2024-10-02
Waiver of right of respondent UBS Ag Che 101.329.562, et al. to respond filed.
2024-09-10
Petition for a writ of certiorari filed. (Response due October 15, 2024)
2024-08-14
Application (24A170) granted by Justice Sotomayor extending the time to file until September 10, 2024.
2024-08-09
Application (24A170) to extend the time to file a petition for a writ of certiorari from August 11, 2024 to September 10, 2024, submitted to Justice Sotomayor.

Attorneys

Jonathan Zuhovitzky, et al.
Ronald J. CohenCohen, LaBarbera & Landrigan, LLP, Petitioner
Ronald J. CohenCohen, LaBarbera & Landrigan, LLP, Petitioner
UBS Ag Che 101.329.562, et al.
Robert Thomas SmithKatten Muchin Rosenman LLP, Respondent
Robert Thomas SmithKatten Muchin Rosenman LLP, Respondent