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David Leichtman, Leichtman Law managing partner, told CryptoX TV on Tuesday that the case wasn’t necessarily about Mason Rothschild’s use of the protected Birkin brand. Rather, it was about whether he intended to mislead consumers into believing the MetaBirkin NFTs were associated with Hermès’ flagship product. Source
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David Leichtman, a managing partner at law firm Leichtman Law PLLC, discusses the legal implications that copyright and trademark law could have for NFTs and creators moving forward. Original Source
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In March 2021, Rothschild argued that his work was a commentary on the "animal cruelty inherent in Hermès’ manufacture of its ultra-expensive leather handbags," and was protected by the First Amendment. "These images, and the NFTs that authenticate them, are not handbags; they carry nothing but meaning," his lawyers wrote
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“I am happy to have resolved the Yuga Labs, Inc. v. Lehman trademark lawsuit in the [U.S. District Court] Northern District of New York,” Lehman said in a statement provided to CoinDesk. “It was never my intention to harm Yuga Labs’ brand, and I reject all disparaging statements made about
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The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court.The luxury brand accused the nonfungible token (NFT) artist of trademark infringement for promoting and selling MetaBirkins, an NFT collection said to be inspired
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Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans.Speaking to Cryptox, intellectual property lawyer Michael Kondoudis said while many people may think big corporations are just jumping onto the NFT trend as a
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Investing in the digital currency ecosystem has been considered a major gamble by most multinationals.American multinational financial services giant, Fidelity Investments has filed trademark applications to offer services in the alternate reality that will include the metaverse. As reported by The Block citing the company’s trademark filings, the firm hopes
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This year saw an influx of trademark applications filed by various companies looking to get in on the Web3 action. By November, a total of 4,999 trademark applications had been filed in the United States for cryptocurrencies and digital-related goods and services — according to United States Patent and Trademark
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TBD envisioned Web5, a word that combines Web2 and Web3, to be “a public tool for good” which will be open to everyone and will build the next iteration of the internet. Although, a copyright or trademark of the term, which deters others to use it, seems to be opposite
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Digital payments company Block Inc. is pursuing legal action against Roger Ver’s Bitcoin.com over alleged trademark infringement involving its newly launched Verse token, which concluded a $33.6 million private sale in May 2022. In a letter addressed to Bitcoin.com CEO Dennis Jarvis and the company’s legal counsel Joseph Collement, lawyers representing
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