A lawyer for trustee Irving Picard tried to convince U.S. District Judge Jed Rakoff in Manhattan not to toss out claims he has made in a nearly $59 billion civil suit against Austrian banker Sonja Kohn and dozens of others under a federal law normally used against traditional criminal organizations such as the Mafia and drug gangs. Some of the defendants who had business relationships with Mrs. Kohn, including Italian bank UniCredit SpA, its subsidiaries and others, have accused Mr. Picard of overreaching and asked that his claims filed under the law, the Racketeer Influenced and Corrupt Organizations Act, be dismissed.
‘Enforcement 40’ for 2020
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