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RAPAPORT... The United States Court of Appeals for the Second Circuit issued a summary order in support of Lazare Kaplan International, vacating the judgment of the District Court and remanding the case for further proceeding. In December 2011, Lazare Kaplan sued KBC Bank and Antwerp Diamond Bank in the United States District Court, Southern District of New York, under the Racketeer Influenced and Corrupt Organizations (RICO) Act and state law. But in September 2012, the court motions made by the defendants to dismiss Lazare Kaplan's complaint pursuant to the doctrine of forum non conveniens were awarded. Lazare Kaplan appealed. Leon Tempelsman, the president of Lazare Kaplan, stated, "We are gratified by the Second Circuit's decision to remand the company's RICO and state law claims to the Southern District of New York." The company has also filed suits against the banks in Belgium court.
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