Settlement Reached In USEC Uranium Trade Dispute

Law360, New York (May 18, 2009, 12:00 AM EDT) -- Ending a seven-year legal wrangle over imports of low-enriched uranium from France, energy companies Areva and USEC Inc. said Monday they had reached a settlement putting to rest all ongoing administrative and legal proceedings.

The agreement settles litigation stemming from a 2002 U.S. Department of Commerce anti-dumping order imposed on imports of low-enriched uranium from France by Areva, an affiliate of Eurodif SA.

Now the nexus of the dispute, the Commerce Department's 2002 anti-dumping order will remain in place until at least the next five-year “sunset...
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