'First Sale' Valuation Case Voluntarily Dismissed Following Stay Denial

The Court of International Trade dismissed a case from Imperia Trading involving the first sale treatment of the company's imports from China, based on a joint stipulation filed by Imperia and the Justice Department, according to a June 4 order from Chief Judge Mark Barnett. Prior to the dismissal, Barnett had denied Imperia's motion to stay proceedings until a related opinion came from the U.S. Court of Appeals for the Federal Circuit on the status of first sale valuation for imports from a non-market economy (see 2106030046) (Imperia Trading, Inc. v. United States, CIT #15-00142).