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Sovereign immunity dept.

Investors in the failed financial schemes of R. Allen Stanford have filed a putative RICO and class action lawsuit against the Commonwealth of Antigua and Barbuda for an estimated $24 billion, saying the tiny Caribbean country abetted Stanford in fraud [Felix Salmon, Kirk Hartley]

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Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.