Daily Dispatch


JUNE 27TH 2022

  1. Art World Aims for Sustainability as Climate Change ContinuesCompared to far-larger “culture industries” like fashion and entertainment, the art world’s role in environmental concerns such as climate change is relatively modest. But across this lucrative and rarefied realm, galleries, auction houses, fairs, collectors, institutions and artists themselves are increasingly committing to more sustainable business practices to help combat global warming – Read more on NY Times
  2. CC0 and NFTs: Understanding OwnershipAs people in the NFT ecosystem sought a way to both avoid messy copyright complications and legally empower their collectors, some projects began using something called a CC0 copyright license, a legal tool that some see as a solution to these problems – Read more on nft now
  3. State of the Art Market: An Analysis of Global Auction Sales in the First Five Months of 2022Here’s what recent auction results can tell us about the state of play in the art market – Read more on Artnet News
  4. Yuga Labs Lawsuit Accuses Ryder Ripps of ‘Scamming Consumers’ With Fake Bored ApesRipps, referred to in the suit as “a self-proclaimed ‘conceptual artist,’” is the creator of RR/BAYC, an Ethereum NFT collection that features identical BAYC images he did not purchase – Read more on Decrypt
  5. How High Court May Tackle Fair Use In Warhol CaseAfter disappointing the technology world last year by leaving questions of copyrightability unanswered in Google v. Oracle, the U.S. Supreme Court appears primed to extend the fair use doctrine in the pending Warhol Foundation v. Goldsmith case and clarify where to draw the line between transformative use and derivative works – Read more on Law360
  6. The Art World ‘Mystery Buyers’ Who Spend Big and Stay SecretIn some instances, however, auction houses could be forced to divulge the identity of a buyer. “The auction house cannot keep that information secret forever,” said new york art lawyer Nicholas O’Donnell. “It’s not privileged. What does happen with some frequency is that something about the sale or the follow-up to the sale goes awry, and there is a dispute and someone goes to court. Once you’re in litigation, people can issue subpoenas” – Read more on The Daily Beast
  7. Bored Ape Yacht Club and the Limitations of NFT OwnershipYuga Labs, the studio that owns Bored Apes and CryptoPunks, got a lot of positive press when it announced it will grant full IP rights to Ape holders. But there’s a problem: so can someone else. There’s no clear legal grounds, as of yet, to stop someone else from profiting off the use of an Ape they don’t own – Read more on Decrypt

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