Adaptive Micro Can't Shake $23M Suit Over Unpaid Duties

Law360, New York (April 12, 2013, 2:37 PM EDT) -- The U.S. Court of International Trade refused Wednesday to toss a government lawsuit seeking to pin Wisconsin-based Adaptive MicroSystems LLC with $22.9 million in unpaid duties and penalties stemming from its predecessors' import activities, saying questions remain over whether the LED panel maker should be held liable for the old company's debts.

CIT Judge Nicholas Tsoucalas denied in part AMS' motion for summary judgment on U.S. Customs and Border Protection's claims for unpaid import duties. AMS hasn't established that it doesn't bear liability as a successor...
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.