U.S. Appellate Ct. Overturns Pretrial Restraint of Substitute Assets in Liechtenstein

On May 20, 1993, in a decision by the respected Fifth Circuit Court of Appeals, Judge Patrick E. Higginbotham, the Court reversed a decision of the U.S. district court, ordering pretrial restraint of substitute assets that were in Liechtenstein and untainted by alleged criminal offenses. The decision indicates important limitations in the ability of U.S. prosecutors to restrain pretrial substitute assets that have not been proven tainted by alleged criminal offenses…[more]