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Nov 18 • 7 tweets • 2 min read
OK - now in oral argument in NFT trademark case by Hermes, citing alleged infringer's FT and Yahoo interviews. Inner City Press has covered the case innercitypress.com/sdny34agorenst… Threadette below Image
Hermes lawyer is presentinh his view of 2d Circuit's "Welcome to Twin Peaks" decision. Judge Rakoff says readers of NYT and WSJ sould temper that with the New York Post. Counsel quips, At least for the sports section. #Mushnick
Judge Rakoff: My knowledge of the Metaverse is limited. But how can one wear this bag in the Metaverse? I'll send my next opinion not to the 2d Circuit but to the Metaverse. People are buying NFTs. I hope they are not using crypto currency
Hermes' lawyer says these NFTs can *only* be bought with crypto currency, notes that 'in lat ten days thos market has cratered" - but no direct mentoon of FTX
Wait- Hermes lawyer now does say FTX, calls customers 'less than sophisticated."
Lawyer for Mason Rothschild decries a "blizzard of red herrings."
Lawyer: Beyonce has sung about Birkin bags. It part of our culture. It is political.
Judge Rakoff: Buy the Meta-Birkin exposes the hollowness of weath?
Lawyer: Well, it is covered in goofy, garish fake fur. It's like Andy Warhol.
Judge Rakoff: So your client will donate his earnings to the poor?
Lawyer: Well, he has a project about climate change

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More from @innercitypress

Inner City Press Profile picture
Nov 18
OK - in US v. Neil Cole retrial, last attempt to clean up: Cole on re-direct. Inner City Press has been covering the case patreon.com/posts/in-retri… Threadette below
Cole's lawyer: Mr. Cole, do you recognize this as Iconix' 10-K for the year ending 2012?
Cole: Yes.
Cole's lawyer: We offer this into evidence.
AUSA: No objection.
Judge Ramos: Admitted. Proceed.
Cole's lawyer: Have you ever told someone in a business context that you would do something and then not been able to follow through?
Cole: Possibly.
Cole's lawyer: Did you believe it was in Iconix' interest to enter the joint ventures?
Cole: Yes.
Read 4 tweets
Inner City Press Profile picture
Nov 18
OK - now in Giuffre v. Ghislaine Maxwell, a ruling on sealing documents including names is being read out by the judge -- Inner City Press covers the cases(s), including links to United Nations, book here amazon.com/gp/product/B09… and will live tweet, thread below
Judge: The Court has received filings by Does, seeking to keep the information [and they names] sealed. Now that Ms. Maxwell's criminal trial is concluded, she takes no position on the non-party Does...
Judge: Guiffre supports the redaction of Doe 28's name. Just because *some* information has been been in previous court cases does not mean the Does have lost a privacy interest [citing a 2019 Judge Kaplan case]. So in some cases I will preserve sealing
Read 10 tweets
Inner City Press Profile picture
Nov 18
OK - now @pressfreedom awards, to hear awardees incl Sevgil Musaieva of #Ukraine, while the UN bans Press but lets in Iran IRIB, broadcasting forced confessions innercitypress.com/ungate1iribusu… Inner City Press will live tweet a bit, like court cases today, thread below ImageImage
First up is Sevgil Musaieva of #Ukraine. She recounts: Grief faces because life wins out. Before I left Kiev, our office lost power. You ask yourself if you are more a Ukrainian citizen or a journalist... Maxsim Levin, killed... You want to keep the truth alive
Next up is Abraham Jiménez Enoa of Cuba. His speech, in Spanish: For trying to show the reality, they treat you like a criminal ("un delicuente") - check out what the United Nations does: pressfreedomtracker.us/all-incidents/…
Read 6 tweets
Inner City Press Profile picture
Nov 17
OK - now #RikersIsland jail proceeding @sdnylive, Inner City Press is covering the case innercitypress.com/sdny42cswainri… and will live tweet, thread below ImageImage
NYC Corrections Commissioner Molina: Since being appointed by Mayor Adams [my] team has been active. I understanding the public is frustrated. However, this Administration is committed to resolving the problems. A receiver will not solve this. I will.
Molina: We need more Deputy Wardens. They have been working only 7 am to 3 pm. Now we'll have them 24 hours a day. On data, quite frankly we are not good at analyzing it. We have hired experts, to ensure we are an evidence-based corrections organization
Read 28 tweets
Inner City Press Profile picture
Nov 15
OK - now in Trump Org trial, cooperator Weisselberg is on the stand, with the prosecutor asking why bonuses paid in January and not December. Inner City Press is covering the case innercitypress.com/nyscourts2trum… and will live tweet, thread below Image
Prosecutor: To 2017 did you get any raise to your set salary?
Weisselberg: No.
Prosecutor: And after your bonus was raised to $400,000 in 2011, was it raised after that?
Weisselberg: No.
Prosecutor: Did the Trump Organization start paying your rent in 2005?
A: Yes.
Judge: Let's take our afternoon break.
All rise! Jurors exit. Judge: Anything to raise?
Defense: There have been too many leading questions. I would ask that in the afternoon, we return to a more normative --
Prosecutor: I agree.
Thread will continue.
Read 14 tweets
Inner City Press Profile picture
Nov 15
OK - now in US v. Neil Cole of Iconix retrial, defense lawyer Hecker is doing cross examination. Inner City Press is covering the case innercitypress.com/sdnytrial28ico… & patreon.com/posts/filing-a… threadette below
Hecker: Marketing expenses at the JV level are complex, right?
Witness: They can be.
Hecker: Would it surprise you that of a marketing budget of $36 million a year, ten percent might go to charges GBG was demanding be paid?
Witness: No.
Re-direct.
AUSA: Would it surprise you if Iconix paid for the same thing twice?
Witness: Of course.
AUSA: Do you usually pay counterparties more for bringing less experience to the deal?
Hecker: Objection!
Judge: Overruled. And, we'll reconvene tomorrow.
Read 4 tweets

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