CIT Denies Injunction Against Cash Deposits in Mexican Rebar AD Case

The Court of International Trade in a Feb. 24 opinion denied plaintiff Grupo Simec's bid for a preliminary injunction against cash deposits in an antidumping duty case covering rebar from Mexico. Judge Stephen Vaden said Grupo Simec failed to clear the "high standard" of proving it would suffer irreparable harm absent the injunction because the company failed to show the "immediacy" of the harm it would suffer should it continue to pay cash deposits.