Ford Loses Bid To Halt Review Of Old Drawback Claims

Law360, New York (October 21, 2009, 1:41 PM EDT) -- A U.S. Court of International Trade judge has denied a motion by Ford Motor Co. to preliminarily enjoin the U.S. from continuing to review and liquidate outdated drawback claims the carmaker insists have already been liquidated.

Judge Evan J. Wallach did not reveal his reasoning for the denial in an order following a hearing Tuesday in the ongoing case.

Ford sued the U.S. Department of Homeland Security and Customs and Border Protection in September, saying it should not have to repay the government for drawback claims...
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.