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GDLSK ALERT: CBP POSTS NEW GUIDELINES FOR LATE PETITIONS FOR RELIEF FROM LIQUIDATED DAMAGES CLAIMS

United States Customs and Border Protection (“Customs”) has announced significant changes to its guidelines for the acceptance and processing of late-filed petitions by principals and sureties seeking mitigation of claims for liquidated damages. The new guidelines are effective with respect to all liquidated damages claims for which a late petition is filed on or after January 9, 2013.

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For additional information or questions please contact Edward B. Ackerman at (212)-557-4000.