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Fact Sheet: Are You Ready for the Lacey Act?

On November 17, 2009, U.S. federal agents raided Gibson Guitar Corp.’s Nashville, Tennessee manufacturing facility. The raid was part of an investigation into the illegal trade of a rare wood species allegedly used in some of Gibson’s renowned musical instruments. According to press reports, agents seized wood, guitars, and documents in the first known enforcement action under the recently amended Lacey Act. Widely covered in the media, the raid is a wake-up call to all businesses that are part of forest product supply chains that they need to heed the Lacey Act. What is the Lacey Act? What risks do buyers, traders, and sellers of wood, paper, and other forest products face if they violate it? What can companies do to avoid becoming the subject of a Lacey Act investigation? This fact sheet provides some answers to these and related questions.

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Date Of Record Release 2010-02-03 17:00:02
Description On November 17, 2009, U.S. federal agents raided Gibson Guitar Corp.’s Nashville, Tennessee manufacturing facility. The raid was part of an investigation into the illegal trade of a rare wood species allegedly used in some of Gibson’s renowned musical instruments. According to press reports, agents seized wood, guitars, and documents in the first known enforcement action under the recently amended Lacey Act. Widely covered in the media, the raid is a wake-up call to all businesses that are part of forest product supply chains that they need to heed the Lacey Act. What is the Lacey Act? What risks do buyers, traders, and sellers of wood, paper, and other forest products face if they violate it? What can companies do to avoid becoming the subject of a Lacey Act investigation? This fact sheet provides some answers to these and related questions.
Classification
Resource Type
Format
Subject
Source World Resources Institute
Keyword Business Business action, Deforestation, Forest certification, Forestry, Lacey Act, Sustainable business, Wood
Date Of Record Creation 2010-02-03 16:29:01
Education Level
Date Last Modified 2010-02-03 17:00:02
Language English
Date Record Checked: 2010-02-03 00:00:00 (W3C-DTF)

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