Know The Red Flags Of Profiteering Before Buying PPE
Law360
June 9, 2020
Partners Jaimie Nawaday and Matthew Luzadder, and special counsel Constantine Koutsoubas co-authored an Expert Analysis for Law360 on the potential pitfalls companies face as they stockpile Protective Personal Equipment (PPE) and prepare to re-open. The article examines how worldwide demand for personal protective equipment has drawn many new entrants to the market and opportunities for fraud and other illegal activity abound. In particular, there has been a rise in resellers, consultants and middlemen who offer to secure PPE in a competitive environment. Companies should not approach these transactions as ordinary retail sales contracts, and should be aware of the particular risks that can arise in cross-border transactions that may involve foreign officials.

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