Fed. Circ. OKs Duty-Free Schlumberger Fracking Equipment

Law360, New York (January 9, 2017, 4:08 PM EST) -- The Federal Circuit on Monday ruled that imported particles used by Schlumberger Technology Corp. to aid its hydraulic fracturing efforts should get duty-free treatment, affirming an earlier decision that U.S. import authorities had misclassified the goods.

A three-judge panel unanimously upheld a 2015 ruling from U.S. Court of International Trade Chief Judge Timothy C. Stanceu, finding that U.S. Customs and Border Protection incorrectly deemed Schlumberger’s bauxite proppants to be “ceramic wares” that are subject to a 4 percent import tariff.

At the heart of the panel’s...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Schlumberger Technology Corp. v. US


Case Number

15-2076

Court

Appellate - Federal Circuit

Nature of Suit

- 

Date Filed

September 25, 2015

Law Firms

Companies

Government Agencies

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.