The Supreme Court's Sekhar Decision: More Than A Pyrrhic Victory
September 11, 2013 | The Insider: White Collar Defense and Securities Enforcement
Announced the same day as its path-breaking gay marriage decision, the Supreme Court’s ruling in Sekhar v. United States, addressing the definition of “property” for purposes of an extortion prosecution under the Hobbs Act, got a bit lost in the hubbub. Both because the Hobbs Act is an important and oft-used weapon in the government’s arsenal, and because the decision appears to be part of a broader trend to cut back on some judge-made rules that have expanded the reach of statutes used to prosecute white-collar crime, the decision is worth a closer look. [...]