Gucci and Tiffany dealt blow in case against Chinese banks

Gucci’s and Tiffany’s attempts to freeze assets located in Chinese banks have hit a roadblock. While the US Court of Appeals for the Second Circuit upheld a court’s authority to freeze assets under the Lanham Act - further cementing one of the most successful tools that brands have against counterfeiting - it made clear that a district court may enforce an injunction against a non-party only where it has personal jurisdiction over that non-party.