Cos. May See More Compliance Rules After Kolcraft

Law360, New York (April 9, 2013, 1:10 PM EDT) -- The recent highly publicized settlement agreement between the U.S. Consumer Product Safety Commission and Kolcraft Enterprises Inc. has generated concerns within the business and legal communities over the CPSC’s future intentions regarding civil penalty settlements with companies that allegedly failed to file timely substantial product hazard reports with the CPSC. Traditionally, these penalty settlements have involved only the imposition of monetary penalties.

The Kolcraft agreement, however, contains a wide-ranging set of requirements purportedly designed to ensure the company’s future compliance not only with the CPSC’s reporting...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.