Circuit Court Cuts National Semiconductor's Fine

Law360, New York (July 30, 2007, 12:00 AM EDT) -- The U.S. Court of International Trade overstepped its statutory bounds by fining National Semiconductor Corp. for compensatory interest on importation violations that the computer chip company voluntarily exposed, an appellate court said Friday.

The U.S. Court of Appeals for the Federal Circuit ruled that the Court of International Trade unfairly imposed an additional federal statute by ordering more than $250,000 in compensatory interest damages against National Semiconductor. The Federal Circuit remanded the case back to the trade court to adjust its previous damages award, which also...
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