Chinese banks don’t owe $150m over Nike, Converse dispute

31-08-2021

Alex Baldwin

Chinese banks don’t owe $150m over Nike, Converse dispute

Testing / Shutterstock.com

The US Court of Appeals for the Second Circuit says that six Chinese banks should not be subject to a $150 million penalty for allegedly enabling Nike and Converse counterfeiters to move money out of the US.


Bank of China, Nike, Converse, Next Investments, US Court of Appeals for the Second Circuit, US District Court for the Southern District of New York

WIPR