Yusef Abutouq

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DraftKings NFTs Class Action – An Attempted Dapper Labs Sequel?

On March 9, 2023, a putative class action was filed against DraftKings Inc. for alleged violations of federal securities laws in the US District Court for the District of Massachusetts. The class, if certified, will include...more

3/17/2023 / Blockchain , DraftKings , Howey , Investment Contract , Motion to Dismiss , Non-Fungible Tokens (NFTs) , Putative Class Actions , Securities and Exchange Commission (SEC) , Securities Violations

One Shining Moment – Basketball Trading Cards or Securities?

On February 22, 2023, the United States District Court for the Southern District of New York, in a 64-page opinion, denied a motion to dismiss filed by Dapper Labs, Inc., the developer behind the NBA Top Shot NFT platform,...more

3/14/2023 / Blockchain , Class Action , Howey , Motion to Dismiss , Non-Fungible Tokens (NFTs) , Securities

Battle of the (Meta) Birkin: Summary Judgment Showdown Shutdown – Hermès v. Rothschild Set for Trial

A dispute between luxury fashion brand Hermès and digital artist Mason Rothschild over Hermès’ alleged trademark rights relating to the Hermès’ Birkin handbag is making waves as a New York federal judge has denied...more

1/20/2023 / Cross Motions , Fair Use , Fashion Industry , First Amendment , Metaverse , Motion to Dismiss , Non-Fungible Tokens (NFTs) , Summary Judgment , Trademark Infringement , Trademarks

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