In the highly-anticipated case of Hermès v. Mason Rothschild, Wednesday’s verdict now establishes the very first ruling on trademark infringement with consumer products and digital art.
With the initial lawsuit against Ryder Ripps still ongoing, the settlement agreement reached with the spin-off project’s developer, Thomas Lehman, doesn’t address any of the crucial issues inherent to trademark infringement/digital collectibles – but may be communicating something much more problematic.
In a sealed decision by the Federal Court on Wednesday morning that denied the FTC’s Emergency Motion asking the Court to block Meta’s proposed acquisition of VR developer studio, Within Unlimited.
With two major lawsuits already underway, including a Getty Images initiated suit, and another class-action against StabilityAI, DeviantArt, and Midjourney that puts “diffusion-based image generation models” front-and-center.
In the final hours of the FTC’s temporary restraining order that is set to expire Tuesday night, which has prevented both parties from moving forward with the acquisition deal.