Judge Peels Copyright Claim From Warhol Banana IP Suit

Law360, New York (September 10, 2012, 4:16 PM EDT) -- A New York federal judge said Friday that 1960s rock band The Velvet Underground couldn't seek to invalidate Andy Warhol's estate's copyright for the artist's iconic banana image in a dispute over third-party licensing rights because the estate had already promised not to file infringement claims.

U.S. District Judge Alison Nathan said the Andy Warhol Foundation for the Visual Arts Inc. had signed a broad covenant never to sue the band over the image, which was created by Warhol but also famously featured on the cover...
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