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'Obtainable Property' and the Mail and Wire Fraud Statutes

Announced the same morning as its landmark rulings on same-sex marriage, the Supreme Court's invalidation of a Hobbs Act conviction in Sekhar v. United States will not be the best-remembered decision of the last day of its 2012-13 Term. Yet for white-collar practitioners, Sekhar could prove significant indeed. The decision coins a new legal term ' “obtainable property” ' that not only will govern future Hobbs Act prosecutions, but also could limit the scope of the federal mail and wire fraud statutes.

The Decision in Sekhar

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