Law360, New York (September 23, 2009, 5:09 PM EDT) -- The U.S. Court of International Trade was created in 1980 with a specific mandate to hear cases involving trade and customs law, but some trade cases, such as export control violations, are always heard in federal district courts. That could change, however, if Congress takes on a bill designed to expand the CIT's jurisdiction.
The Customs and International Trade Bar Association has spearheaded the push for the legislation, which it describes as one of its most important objectives.
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.