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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