CIT Nixes Challenge To Byrd Amendment Payout Rules

Law360, Los Angeles (March 13, 2013, 7:42 PM EDT) -- The U.S. Court of International Trade on Wednesday tossed bearings maker Koyo Corp. of USA's suit claiming the Byrd Amendment was unconstitutional, finding the challenge was precluded by case law that had not been nullified by the U.S. Supreme Court.

Judge Leo M. Gordon granted the federal government's motion to dismiss Koyo's suit alleging that the Continued Dumping and Subsidy Offset Act — known as the Byrd Amendment — violated the First Amendment and the equal protection guarantees of the Fifth Amendment, saying the company had...
To view the full article, register now.