The following lawsuit was recently filed at the Court of International Trade:
The Court of International Trade on Aug. 23 upheld the Commerce Department's deduction of Section 232 duties paid by Turkish exporter Noksel Celik Boru Sanayi from its U.S. price in the 2018-19 review of the antidumping duty order on light-walled rectangular pipe and tube from Turkey. Judge Jane Restani said she saw "no reason to vary" this finding, as previously made by the U.S. Court of Appeals for the Federal Circuit, regarding the government's move to raise the duties solely on Turkish goods.
The following lawsuit was recently filed at the Court of International Trade:
The U.S. Court of Appeals for the 2nd Circuit in an Aug. 21 summary order affirmed a New York district court's dismissal of Brutus Trading's qui tam False Claims Act against Standard Chartered, which accused the financial firm of facilitating illegal banking transactions on behalf of sanctioned parties. After Brutus filed the qui tam case, in which a party with evidence of fraud against the U.S. government can file a lawsuit on behalf of the government, the U.S. then moved to toss the matter after finding that the "factual allegations were unsupported," the legal theory "was not cognizable, and the continuation of the suit would waste considerable government resources" (Brutus Trading v. Standard Chartered Bank, 2nd Cir. # 20-2578).
The U.S. Court of Appeals for the 2nd Circuit in an Aug. 21 summary order affirmed a New York district court's dismissal of Brutus Trading's qui tam False Claims Act against Standard Chartered, which accused the financial firm of facilitating illegal banking transactions on behalf of sanctioned parties. After Brutus filed the qui tam case, in which a party with evidence of fraud against the U.S. government can file a lawsuit on behalf of the government, the U.S. then moved to toss the matter after finding that the "factual allegations were unsupported," the legal theory "was not cognizable, and the continuation of the suit would waste considerable government resources" (Brutus Trading v. Standard Chartered Bank, 2nd Cir. # 20-2578).
The following lawsuits were filed at the Court of International Trade during the week of Aug. 14-20:
The following lawsuits were recently filed at the Court of International Trade:
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The Court of International Trade in a confidential Aug. 21 opinion again sent back the Commerce Department's decision not to investigate the alleged off-peak sale of electricity below cost as part of the 2018 review of the countervailing duty order on carbon and alloy steel cut-to-length plate from South Korea. Judge Mark Barnett also remanded for a second time the agency's decision not to treat POSCO Plantec, an affiliate of respondent POSCO, as a cross-owned input supplier of POSCO regarding the supply of scrap (Nucor Corp. v. United States, CIT # 21-00182).
Verizon, CEO Hans Vestberg and former Chief Financial Officer Matt Ellis failed to disclose the company was responsible for “an extensive network of lead cables that had been previously laid in many areas around the country, causing harm and posing the risk of further harm to the environment,” alleged a Verizon shareholder.