New York S06616 amends the general business law to enhance remedies for trademark counterfeiting by removing the cap on damages and expanding the.

New York S06616 amends the general business law to increase the remedy for trademark counterfeiting. The bill removes the cap on damages and allows courts to award up to three times the profits and damages suffered by the trademark owner. It also allows courts to order the destruction or donation of counterfeit goods. The changes apply to cases where the court finds the counterfeiting was done with knowledge or in bad faith. The act takes effect immediately.

New York S06616 amends the general business law to enhance remedies for trademark counterfeiting by removing the cap on damages and expanding the.

New York S06616 amends the general business law to increase the remedy for trademark counterfeiting. The bill removes the cap on damages and allows courts to award up to three times the profits and damages suffered by the trademark owner. It also allows courts to order the destruction or donation of counterfeit goods. The changes apply to cases where the court finds the counterfeiting was done with knowledge or in bad faith. The act takes effect immediately.