When importing prestige or other brand name goods from abroad, importers and other buyers rely in part on the reputation of supplier businesses and vendors, as well as on photographs and certifications for the products.
Unfortunately, even those who perform their due diligence may end up being taken advantage of by fraudsters. Importers may receive a sizable shipment of what they expected to be brand-name clothing or purses, only for the goods to turn out to be counterfeit items. In that challenging situation, international trade litigation may be necessary to hold the exporter accountable for their fraudulent conduct.
Counterfeit goods violate contracts and the law
Knockoff or counterfeit products cause economic harm. They infringe on the brand rights of established companies that have prestigious reputations. They can impact the finances of companies that may end up facing claims from consumers or dealing with large caches of unsold merchandise because no one wants to purchase counterfeit products. They harm the prestige of brands by undermining the uniqueness of their products.
They also open businesses up to legal penalties. Domestic companies accused of importing and selling counterfeit goods could face both criminal and civil penalties. Federal authorities might seize the counterfeit products, which can result in major financial losses. Business owners could face lawsuits or prosecution.
Substituting counterfeit goods for prestige brands is a form of fraud. Businesses that receive counterfeit goods may need help taking appropriate legal action to hold vendors and suppliers accountable.
International business litigation related to breach of contract during international trade often requires support from a highly specialized professional. Reviewing the contract and documenting the products actually delivered can help companies demand accountability.