Fendi Counterfeiter On The Hook For $12M Or More

Law360, New York (January 4, 2013, 8:23 PM EST) -- A seller of counterfeit Fendi Adele SRL-branded bags must pay at least $12.3 million in damages and interest to the luxury goods maker, and perhaps more, the Second Circuit said Friday, finding that the trademark infringement was willful.

A panel of judges said Ashley Reed Trading Inc. had ignored red flags that purported Fendi bags it purchased were fakes, shooting down the family-owned importer's appeal.

“The district court correctly concluded that Ashley Reed’s infringement was willful as a matter of law,” the panel said in a...
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