According to the report by Reuters, the court filing from Hermes on Friday stated that Rothschild had continued to promote his NFTs even after a nine-member jury found Rothschild liable for trademark infringement, trademark dilution, and “cybersquatting,” awarding Hermès $133,000 in damages.
Recent court filing by Hermès revealed that Mason Rothschild is still receiving a 7.5% royalty for each sale ofNFTs and has been promoting them on his website and social media accounts even after the verdict in February. Hermès also added that a permanent injunction was necessary to stop Rothschild's behavior, as he has"shown that he cannot be trusted" and made"repeated false statements" in business dealings and at trial.
Rothschild's lawyer, Rhett Millsaps, stated on Monday that the filing was a"gross overreach by Hermes and an attempt to punish Mr. Rothschild because they don’t like his art." Millsaps further added that they would oppose Hermès' motion this week.As previously reported by Cointelegraph on Feb 8,a jury trial in the Southern District of New York issued a verdict in the lawsuit between Hermès and MetaBirkins.
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