The Court decided how the Racketeer Influenced and Corrupt Organizations Act applied to extraterritorial claims of damage to intangible property.

Often, organized criminal enterprises may infiltrate legitimate businesses through what the Act calls "racketeering activity".

[4] While the Attorney General is responsible for the Act's enforcement, Congress has also enacted a private civil right of action for any individual harmed by a pattern of racketeering activity.

In RJR Nabisco, Inc. v. European Community, the Supreme Court addressed RICO's extraterritorial reach, applying a presumption against such applications.

It found that some, but not all, of RICO's substantive provisions encompass unlawful conduct occurring outside the United States.

His complaint accused the defendants of inhibiting his collection of the LCIA award through wire fraud, as well as other RICO predicate racketeering acts.

It then noted a split among the Third and Seventh Circuits regarding the appropriate legal test for determining whether RICO claims involving intangible property result in "domestic" or "foreign" injuries.

[5] On October 20, 2022, Yegiazaryan and CMB Monaco filed separate petitions for the Supreme Court to hear their cases.