CIT Extends Order Reducing Bond for Importer Accused of Trademark Infringement
The Court of International Trade extended a recently issued temporary restraining order that prevented CBP from requiring a bond of about $125,000 per shipment on an auto parts importer (see 1804090031). The April 19 ruling said the TRO would remain until May 9 in order to allow for a hearing on a motion to convert the TRO into a preliminary injunction. The CIT also ruled on April 12 that a 75 percent bond, proposed by CBP as a reduction from the initial enhanced bonding requirement, could also cause irreparable harm. Instead, U.S. Auto Parts' "single entry bond shall be 3% of the declared commercial value of each shipment, which reflects the approximately 1% quantity of allegedly infringing goods present in the entries multiplied by three," the CIT said. U.S. Auto Parts filed the suit earlier this month in response to what it called excessive bonding requirements (see 1804050022).
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