For anyone looking to purchase the last Louis Vuitton styles at rock-bottom counterfeit prices, Canal Street in New York is the shopping destination of choice. The situation may be about to change, however, as luxury firms are joining forces to fight counterfeiters. Louis Vuitton Malletier, Burberry Limited UK, Burberry Limited US, Marc Jacobs Trademarks, Givenchy, Loewe SA, Celine Sa and Kenzo SA have sued a Chinatown landlord for trademark counterfeiting and infringement. The landlord, a Vincent Terranova, owns a series of properties on Canal Street where alleged counterfeit goods are traded. According to the lawsuit, the landlord and his management company had been previously warned about the illegal trading but had failed to tackle the issue. The firms are seeking a permanent injunction against the landlord and the maximum penalty permitted for each counterfeit infringement. They are also demanding that the leases be declared void and the tenants to be evicted from the premises.
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