Fed. Circ. Nixes Honda's Bid For Bolt Reclassification

Law360, New York (June 4, 2010, 5:33 PM EDT) -- A federal appeals court has affirmed a U.S. Customs and Border Protection classification of “oil bolts” made by Honda of America Manufacturing Inc., rejecting Honda's arguments that the oil bolts should be classified under vehicle parts and accessories, not a category that includes simply screws, bolts and nuts.

In a decision issued Wednesday, the U.S. Court of Appeals for the Federal Circuit upheld a decision by the U.S. Court of International Trade, finding that the CIT had properly interpreted and applied the Harmonized Tariff Schedule of...
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.