Counterfeit merchandise is costing American business and government billions of dollars each year in lost profits and tax revenues. Sophisticated counterfeiting operations hoping to cash in on the burgeoning trade in counterfeit goods have replaced street-corner peddlers pushing knock-offs.
Landlord Liability For Tenants Trading In Counterfeit Goods
In addition to targeting counterfeiters, copyright and trademark holders have started going after commercial landlords whose tenants deal in fake merchandise. It is felt that this new strategy is needed in part because the counterfeiting retailers possess very few assets that can be seized and liquidated to compensate the copyright or trademark holder.
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