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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.