The highly anticipated jury verdict in the Hermès litigation over MetaBirkins NFTs has some important takeaways for both artists and sellers of NFTs as well as brand owners.
Takeaways from the Hermès Litigation over MetaBirkins NFTs
Latest from Art Law Blog - Page 2
To Be, or Not to Be? Considerations for A.I.- Generated Art
The appreciation of works of art is subjective, and rightfully so as the experience of viewing art, and what it makes one feel is personal. This seems to guarantee that no artist or piece is left out of the realm
“Not My Work”: When Artists Dispute Authorship
The assumption that artists love credit is challenged when an artist appears to repudiate their authorship. Sometimes repudiation arises from personal animus while in other instances an artist might feel that their work is no longer “up to snuff.”[1]
For US Art Collectors Shopping in the UK, the Dollar’s Strength is Deceiving
The strength of the US dollar against the British pound – at present, the pound has dropped nearly 18% since the beginning of 2022 – would appear to make the purchase of art and other cultural property in the UK
NY Museums Required to Label the Last Prisoners of World War II
The artworks stolen by the Nazis are the last prisoners of World War II.
– Ronald Lauder, Woman in Gold
Ferdinand Bloch-Bauer was a wealthy sugar magnate in Vienna, Austria where his six Gustav Klimt paintings were housed. His wife,
Unroll the Scroll Painting: Inside the Chinese Art Market and Its Regulatory Landscape
When Christie’s Auction House first entered the secondary art market of mainland China in 2005, it licensed its brand to a local auction house and received a total of RMB 97,000,000 (roughly $12,100,000) for its inaugural sale.[1] With eight
NFTs and Intellectual Property: What IP Owners and NFT Creators Need to Know
Everything is being tokenized these days, including art, games, collectibles and much more. The record prices being fetched have created an NFT frenzy. This distribution model has created a new channel for monetization of creative IP. Given some of the
Protecting IP and Limiting Liability When Licensing IP for Digital Art and NFTs
Many things are being tokenized, but the growth of NFTs for digital art is booming. This, in part, is due to the recent headline news that Beeple’s iconic digital art work was sold at auction by Christie’s for $69 million.
Tokenized Art Legal Issues
The tokenization of physical and digital art has many advantages. Some of the advantages create potential complexities under US law. Each situation is fact specific, but the following is a summary of some of the areas for which careful consideration
How to Successfully Obtain Blockchain Patents
As with other rapidly-evolving technologies, the blockchain space is experiencing a frenzy of patent activity. The data shows that there are 3-4 times as many published applications as there are issued patents for these concepts. This trend strongly suggests that