Court of Appeals for the Second Circuit November 20, 1996, No. 245, Docket 96-7290 (North South Finance Corp. v. Al-Turki)

JACOBS, Circuit Judge:

At issue on this appeal is the extraterritorial reach of the Racketeer Influenced and Corrupt Organizations Act (“RICO”), 18 U.S.C. § 1961 et seq., specifically, the application of RICO to a dispute among groups of foreign companies and foreign nationals, arising out of the 1989 sale and reorganization of a French bank named Saudi European Bank (“SEB”).