BHL Bogen

BHL Bogen
BridgehouseLaw LLP - Your Business Law Firm

Tuesday, April 26, 2011

Mexico Hires New York Law Firm to Sue U.S. Gun Manufacturers

Mexico, being frustrated with U.S. attempts to stop the flow of weapons into Mexico (amounting to 2,000 smuggled guns a day), engaged Reid Collins & Tsai in November 2010 to explore filing civil charges against U.S. gun manufacturers and distributors.

Reid Collins & Tsai, a boutique trial firm, based in New York, practices complex commercial litigation including matters of financial fraud, international money laundering, cross-border issues and professional liability, and may consider a suit based on the Racketeer Influenced and Corrupt Organizations Act (RICO).

Under RICO, a person can be charged with racketeering if he is a member of an enterprise that has committed any two of 35 crimes within a 10-year period. If the court finds someone guilty of racketeering, the convicted can be fined up to $25,000 or receive a prison sentence of up to 20 years. Private persons are also permitted to initiate a lawsuit and can obtain damages triple the amount of actual damages.

A former representative of U.S. gun makers, however, said that he believes that the Protection of Lawful Commerce in Arms Act (PLCAA) will hinder such a claim.

We will keep you posted on how this issue develops!

(c) Picture: Simon Howden - freedigitalphotos.net

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