Honey, I Shrunk the Settlement!

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.