The Intersection of Customs Duties and Bankruptcy

By: Stephen T. Bobo and John P. Donohue

This article explains how various U.S. Customs and Border Protection claims for duties and penalties are imposed, especially assessments arising from breaches of the unfair trading rules,  and it highlights ways in which a bankruptcy filing can affect claims arising from Customs duties. In addition, the article explores the impact of a bankruptcy filing on procedures governing disputes with Customs.

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Welcome Walter W. Gouldsbury III

We Are Pleased To Announce Walter W. Gouldsbury III joined the firm Of Counsel and will concentrate his practice in Financial Restructuring, Creditors’ Rights, Real Estate law, and related disciplines.

Walter has practiced nationally representing clients from diverse industries in corporate restructuring proceedings and related litigation. Walter also has extensive experience counseling clients on Uniform Commercial Code issues and handles a variety of workout, restructuring and insolvency matters for lenders.