US Lumber Cos. Try Again At Cut Of $500M Settlement

Law360, New York (June 4, 2010, 5:49 PM EDT) -- Domestic lumber companies that were cut out of a $500 million settlement over softwood lumber imports from Canada are appealing a dismissal of their suit seeking to gain access to the same cash that was given to other lumber companies under a landmark 2006 agreement.

Almond Bros. Lumber Co. and 36 other firms filed a notice of appeal Thursday indicating that they will seek review of a U.S. Court of International Trade judgment to the U.S. Court of Appeals for the Federal Circuit.

The companies hope...
To view the full article, register now.