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Full-Text Articles in Law
Congress Turns To Capital Markets To Support Sanctions, Perry S. Bechky, Danforth Newcomb, Saamir Elshihabi
Congress Turns To Capital Markets To Support Sanctions, Perry S. Bechky, Danforth Newcomb, Saamir Elshihabi
Perry S. Bechky
For years the US has imposed economic sanctions on certain nations it deems undesirable. Now the Bush administration is facing potential conflicts of interest as Congress pursues an aggressive policy, making use for the first time of the US capital markets. This article discusses the compliance issues companies need to understand about the proposed legislation.
Double Protection: The Case Against The "Byrd Amendment" Of U.S. Trade Law, Perry S. Bechky, Anne Macgregor
Double Protection: The Case Against The "Byrd Amendment" Of U.S. Trade Law, Perry S. Bechky, Anne Macgregor
Perry S. Bechky
Under the Byrd Amendment of 2000, all collected antidumping and countervailing duties must be distributed among U.S. companies that successfully petition for the imposition of those duties. The Byrd Amendment created an economic incentive for the proliferation of trade cases. A strong legal case can be made that the Byrd Amendment is inconsistent with WTO rules.