CAFC Says CDSOA Payouts Don't Include Delinquency Interest
The U.S. Court of Appeals for the Federal Circuit on July 15 said that the Continued Dumping and Subsidy Offset Act of 2000 doesn't require the distribution of interest assessed after liquidation, known as delinquency interest. Judges Alan Lourie, Kara…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Stoll and Tiffany Cunningham said that the CDSOA only includes reference to interest that is "earned on" AD/CVD and "assessed under" the associated AD or CVD order, and that this interest is the only type to be deposited into the statute's "special accounts."