The federal government of the Sultanate of Oman scored a significant victory within the U.S. Division of Commerce’s countervailing obligation investigation of metal nails from the Sultanate.
The Commerce Division’s ultimate willpower included a first-ever discovering in an Oman CVD case that the availability of electrical energy conferred no subsidy profit on Oman Fasteners, the respondent firm, and the ultimate CVD margin was set at simply 2.49%.
It was a group of Curtis drawn from Washington, D.C., Paris, Geneva, and its Muscat workplace, and led by associate Matt McCullough, that helped the Oman authorities safe a beneficial ultimate end result. The low margin is anticipated to assist Oman to retain its aggressive edge.
The group included Geneva and Paris associates Arthad Kurlekar and Amrane Medjani, in addition to Muscat affiliate Budoor Al Zadjali. Muscat companions Simon Ward and Mehdi Al Lawati had been additionally instrumental within the defence.
The ultimate end result follows two earlier Curtis wins for the GSO, in response to the worldwide regulation agency. A 12 months in the past, the identical Curtis group secured a victory for the Oman authorities in a case involving aluminum foil, the place the Sultanate efficiently beat again allegations of government-directed lending to the respondent in that case.
In 2016, one other Curtis group additionally led by associate Matt McCullough delivered a de minimis CVD consequence, leading to no CVD order on exports of PET resin from Oman.
“We’re happy with what we have now achieved for the GSO,” stated associate Matt McCullough. “These are complicated instances and the U.S. Division of Commerce investigation course of requires cautious consideration below extremely tight deadlines.”
“In the present day’s end result displays Curtis’ place as market-leading counsel to sovereign purchasers in complicated disputes,” stated Muscat Managing Associate Simon Ward. He attributed the success to the agency’s expertise and deep understanding of the GCC area and a dedicated group of skilled legal professionals.
Additionally printed on Medium.
