Yuga Labs Bored Ape Yacht Club $9M Win Against Ryder Ripps Overturned, Must Better Prove Trademark Infringement

Yuga Labs Bored Ape Yacht Club $9M Win Against Ryder Ripps Overturned, Must Better Prove Trademark Infringement

The creator of the Bored Ape Yacht Club non-fungible tokens (NFTs) needs to better prove that a "satirical" version of these tokens was meant to mislead would-be buyers, a U.S. appeals court said Wednesday, overturning a lower court ruling and sending the case back to that lower court for a new trial. The U.S. Court of Appeals for the Ninth Circuit ruled that a District Court finding that Ryder Ripps' NFT collection harmed Yuga Labs' trademarked…

Appeals Court Overturns $9M Yuga Labs Victory Against Ryder Ripps in BAYC Case

Appeals court overturns Yuga Labs' $9 million BAYC victory against Ryder Ripps ordering jury trial on consumer confusion.

Ninth Circuit Reverses $8M NFT Trademark Win for Bored Ape Creator

“Trademark rights are limited rights and they allow you to prevent confusion but they do not allow you to prevent criticism,” said Louis W. Tompros, a partner at Wilmer Cutler Pickering Hale and Dorr.

Yuga Labs’ $9M Trademark Lawsuit Judgment Overturned

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A US court of Appeals has sent Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, back to the district court for its lawsuit against artist Ryder Ripps and business partner Jeremy Cahen. Yuga Labs Sent Back To District Court On Wednesday, the Ninth Circuit Court of Appeals p…

US Appeals Court Overturns Yuga Labs’ $9M Trademark Lawsuit Judgment

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A US court of Appeals has sent Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, back to the district court for its lawsuit against artist Ryder Ripps and business partner Jeremy Cahen. Yuga Labs Sent... The post US Appeals Court Overturns Yuga Labs’ $9M Trademark Lawsuit Judgment appeared first on Dail…

US Appeals Court Overturns $8.8 M. Win for Bored Ape Creator in Trademark Case

Yuga Labs, the maker of Bored Ape Yacht Club NFTs will go back to trial with artist Ryder Ripps and his business partner Jeremy Cahen in California.