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Nike intensifies battle against online platform
By Ferraiuoli LLC
In February 2022, Nike filed a lawsuit in the U.S. District Court of Southern New York alleging StockX was selling unlicensed images of Nike sneakers as non-fungible tokens (NFT). StockX is an online marketplace and clothing reseller, primarily of sneakers.In an amended complaint filed in May 2022, Nike now claims that StockX is selling counterfeited models of its shoes.
“Since December 2021 and continuing through the filing of this action, Nike has obtained from StockX four pairs of purportedly ‘authenticated’ Nike-branded shoes that Nike has verified are, in fact, counterfeit,” Nike attorneys wrote in the lawsuit.
Nike asked the court to prohibit StockX from selling shoes with a design the public associates with Nike.
Ferraiuoli LLC
Ferraiuoli LLC (FLLC) was founded in 2003 by the late Blas Ferraiuoli-Martínez, Eugenio Torres-Oyola and María Marchand-Sánchez. This group was then joined in 2004 by Fernando J. Rovira-Rullán, thus forming the founding core of FLLC. FLLC has grown exponentially since its founding from a law firm with three attorneys and a support staff of three to its current size of 54 attorneys with a support staff of 38. Also, FLLC has grown from initially being known as an intellectual property and corporate law boutique law firm to a multiservice law firm that handles most matters relevant to a business while continuing to earn praise for its leading intellectual property and corporate practices.
FLLC has been ranked as a leading law firm in Puerto Rico by the professional publication Chambers Latin America in intellectual property, corporate, bankruptcy, labor & employment, real estate, and tax law. Moreover, 17 FLLC partners have been ranked as leaders in their field by the same publication. 4 FLLC partners are ranked as leaders in Intellectual Property, no other firm has more than 2. This recognition in such a short period of time is a tribute to FLLC’s business model.
FLLC prides itself in doing its work faster and more cost-efficiently yet with the same quality as that of its main competitors. The founding name partners are available at all times to attend to client matters. Their work ethic sets the tone for the rest of the firm. FLLC’s founders’ goal has been steady from the outset: become one of the premier multiservice law firms in Puerto Rico.