CAFC Says CDSOA Payouts Don't Include Delinquency Interest

The U.S. Court of Appeals for the Federal Circuit on July 15 said that the Continued Dumping and Subsidy Offset Act of 2000 doesn't require the distribution of interest assessed after liquidation, known as delinquency interest. Judges Alan Lourie, Kara Stoll and Tiffany Cunningham said that the CDSOA only includes reference to interest that is "earned on" AD/CVD and "assessed under" the associated AD or CVD order, and that this interest is the only type to be deposited into the statute's "special accounts."