The U.S. International Trade Commission (ITC) ruled unanimously in favor of Koehler and revoked an antidumping order on lightweight thermal paper imports from Germany. Retained by Hughes Hubbard & Reed Counsel for Koehler SE retained Cornerstone Research and Professor Orley Ashenfelter of Princeton University to review the potential effects of the removal of an antidumping order. Koehler, a German firm, is the world’s largest producer of lightweight thermal paper (LWTP), which is commonly used for receipts. In 2008, the ITC imposed an antidumping order on imports of LWTP from Germany on the grounds that they posed a threat to the domestic producers. These orders are reviewed after a period of five years in what is called a sunset review. In the sunset review that concluded in 2014, Corners

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