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Earlier this year, the US Supreme Court held that the US administration did not have the authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA).
The highly anticipated decision has significant and practical consequences for importers across many sectors including consumer technology, packaged goods and transportation and shipping companies who may be eligible for refunds.
Additionally, we are observing an evolving market for holders of refund claims who may choose to sell interests in recoveries or fund the litigation.
Watch here for ongoing developments and guidance for operating in this dynamic and global commercial market.
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Maxwell Herman
Partner, New York
Jonathan Cross
Partner, New York
Thomas T. Janover
Partner, New York
Shikha Garg
Senior Associate, Washington, DC
Dr Morris Schonberg
Partner, Brussels and London
Kyriakos Fountoukakos
Managing Partner, Competition/Antitrust, Regulation and Trade, Brussels
Nanda Lau
Head of M&A, China, and Chief Representative, Shanghai Office, Mainland China and Shanghai