CIT Denies Indian Exporter's Bid for Injunction Against Cash Deposits, Liquidation
The Court of International Trade in a June 9 opinion denied Indian exporter Gujarat Fluorochemicals Limited's bid for injunctive relief against paying cash deposits from a countervailing duty investigation and liquidation. Judge Timothy Stanceu ruled that the plaintiff failed to…
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show that it would likely face harm without the preliminary injunction since the company did not show that future refunds of excess cash deposits would be an "inadequate remedy." As for the injunction on liquidation, the court said that there's no draft order in "satisfactory form" which could allow the court to issue the standard injunction against liquidation. However, Stanceu gave the plaintiff 30 days to renew the injunction bid.