Alex Yeager
The parties in a
notorious trade law case involving a scheme
to dump millions of dollars of Chinese honey into the United States have finally
come to terms on a settlement.
Despite the $180 million dollar lawsuit filed, the parties just recently
received permission to complete a $3 million dollar settlement between Groeb
Farms Inc. and a class-action group of U.S. Honey producers. The company, which filed for bankruptcy in
2013, was facing suit for allegedly avoiding
about $80 million in anti-dumping duties as a result of an elaborate Southeast
Asian “honey-laundering” ring.
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