Finnegan client LG Electronics was awarded $168.1 million in damages after securing a victory over 17 companies that were accused of selling counterfeit LG wireless headphones.
LG sued the companies in May 2016 and almost immediately obtained a temporary restraining order (TRO) against the named counterfeiters, enjoining them from manufacturing, distributing, and selling knock-offs of the headsets. The TRO also froze the companies' financial accounts in order to preserve LG’s ability to collect any final monetary judgment. Finnegan attorney Mark Sommers said that the firm will diligently try to enforce the judgment against overseas companies, despite it being difficult to track them down. He said, "If these overseas companies continue doing business in the U.S., they will need to collect payments from U.S. purchasers, shippers, distributors and others. We will be there to intercept those payments and product."
Commentary
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Award/Ranking
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Announcement
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