USEC Inc. (USU) Announces Trade Case Settlement with AREVA
More News related to USU
- USEC Provides American Centrifuge Update
- USEC (USU) Misses Street's Q3 Views; Guides FY09
- USEC Reports Third Quarter 2009 Results
- USEC Names Gerald Prudom American Centrifuge Project Technical Director
- USEC to Webcast Conference Call on November 3 at 8:30 a.m. EST
More News related to Corporate News
- Kinross Gold (KGC) Receives Authorization to Re-Commence Exploration on Project in Ecuador
- Sanofi-aventis (SNY) and Regeneron Pharmaceuticals (REGN) to Expand Global Collaboration
- Stryker (SYK) Announces Two Acquisitions
- Adobe (ADBE) Cutting 680 Full-Time Jobs to Align Costs with '10 Operating Plan
- Teva Pharma (TEVA) Gets Final U.S. FDA Approval for Generic Prevacid
USEC Inc. (NYSE: USU) and AREVA announced that they have agreed to settle several pending appeals and administrative proceedings arising from an antidumping order imposed on imports of French low enriched uranium (LEU) by the U.S. Department of Commerce (DOC) in 2002. The parties to the settlement are USEC Inc. and its subsidiary, United States Enrichment Corporation, and Eurodif S.A. and its affiliates, AREVA NC and AREVA NC Inc.
Under the terms of the settlement, the parties will immediately withdraw or request dismissal of all pending appeals and DOC proceedings. This is expected to bring to an end all pending litigation and administrative proceedings regarding DOC's 2002 antidumping duty order, which now is expected to remain in place until at least the next five-year "sunset review" in 2012.
Related Categories
Corporate NewsStocks Mentioned
-0.01Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
