Legal Dictionary of Pakistan

L-Claim proceeding

Under the Racketeer Influenced and Corrupt Organizations Act, a hearing that is connected with a criminal proceeding, and that is intended to ensure that property ordered to be forfeited belongs to the defendant. ( A petition for an L-Claim proceeding is filed by someone other than the defendant who claims an interest in property that has been ordered to be forfeited. The proceeding's purpose is not to divide the defendant's estate among competing claimants, and general creditors of the defendant should not be allowed to maintain an L-Claim petition. To succeed, an L-Claim petitioner must be able to show an interest in a specific asset that has been ordered forfeited. The proceeding is referred to as an IrClaim proceeding because its legal basis is subsection "l" of RICO's penalty provision. 18 USCA § 1963(Z)(2).