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April 3rd, 2022
Caked Ape Lawsuits Show Need for Clear Contracts in NFT Art
Blockchain Technology Co-Chair Jeremy S. Goldman was quoted in the article, “Caked Ape Lawsuits Show Need for Clear Contracts in NFT Art” published by Bloomberg Law. The article discusses two lawsuits over Caked Ape non-fungible tokens. Members of the Caked Ape NFT art project are suing each other based on financial agreements made over text messages. Artist Taylor Whitley claimed the project’s other founders infringed his copyrighted art by cutting him out of the project and his share of the NFT sales. Jeremy is quoted saying, “Part of the dispute will hinge on the type of copyright license Whitley claims to have” and adds, “The case is novel because the assets in question are based on an emerging technology, even though this type of contract and copyright dispute has been litigated thousands of times.”
Jeremy notes, “A written contract won’t completely eliminate the possibility of litigation.” He said that lawsuits are most likely when an expensive project fails and members start pointing fingers, or when a project is successful and members fight over how the money is divided. In conclusion Jeremy adds, “But I think you can avoid a tremendous amount of disputes and low-hanging fruit, not even necessarily by having lawyers at the beginning” and “You shouldn’t engage in a project that has upside potential without having those hard discussions with other members about what the deal is and putting it in writing.”
Read the full article here.
Other Quoted
An Influencer Gained Followers as She Documented Her Weight Loss. Then She Revealed She Was on a GLP-1
Hannah E. Taylor is quoted in The Wall Street Journal about social media influencer Janelle Rohner, who shared her weight loss progression with diet and lifestyle tips, selling a paid course on nutrition. When Ms. Rohner posted she was taking a medication used for weight reduction and diabetes, her critics questioned her the legality of her advertising and e-commerce. The article stated, “Hannah Taylor, deputy managing partner and a partner in the advertising, marketing and public relations group at law firm Frankfurt Kurnit Klein & Selz, said proving an influencer acted fraudulently is a high bar because many jurisdictions require showing that the defendant had an intent to deceive. False advertising is typically easier to prove. Taylor said if someone had purchased the course believing that it led to Rohner’s weight loss, when in fact the medicine was the cause, that could be a material omission that could subject the influencer to false advertising liability.” View article.
May 30 2025
Mubi’s $24M Bet Just Made Agents Bullish Again. Here’s Why
Hayden Goldblatt is quoted in The Ankler article on Mubi’s purchase of Lynne Ramsay's film, “Die, My Love,” and what it meant for the Cannes market. He’s interviewed on “the real lessons from Cannes.” View article. (Behind paywall)
May 27 2025
A Federal Judge Ordered OpenAI to Stop Deleting Data
Daniel M. Goldberg is quoted in an Adweek article, which reported that a federal judge has ordered OpenAI to stop deleting output data from ChatGPT. This was part of The New York Times lawsuit, alleging OpenAI engaged in copyright infringement “by using ‘millions’ of articles published by the newspaper to train its AI model, which now directly competes with the Times’ content as a result.” The judge’s order seeks to preserve evidence in the Times’ case. Mr. Goldberg addressed mulitple implications of the order, which requires OpenAI to hold more data than they normally would. "That could make OpenAI more susceptible to security breaches, or shake the trust of consumers who expected their chatbot records to be deleted. There are also potential implications regarding energy use, storage and environmental impact that the judge may not have considered when making the order, Goldberg said." He also noted the order would trigger people's concerns about what it means for working with large tecnology providers.
May 21 2025
