Beginning Next Week: InsideCounsel will become part of Corporate Counsel. Bringing these two industry-leading websites together will now give you comprehensive coverage of the full spectrum of issues affecting today's General Counsel at companies of all sizes. You will continue to receive expert analysis on key issues including corporate litigation, labor developments, tech initiatives and intellectual property, as well as Women, Influence & Power in Law (WIPL) professional development content. Plus we'll be serving all ALM legal publications from one interconnected platform, powered by, giving you easy access to additional relevant content from other InsideCounsel sister publications.

To prevent a disruption in service, you will be automatically redirected to the new site next week. Thank you for being a valued InsideCounsel reader!


Velvet Underground and the Warhol Foundation settle suit

The proto-punk band sued over Warhol’s banana design

A famous artist, one of the best rock bands of all time and a banana walk into a lawsuit.

What had the makings of a bad joke turned out to be a real copyright infringement suit between the Velvet Underground and  the Andy Warhol Foundation for the Visual Arts.

In January 2012, the punk rockers filed suit against the Warhol Foundation, claiming trademark infringement. The groundbreaking band, founded by punk rock legends Lou Reed and John Cale, says the foundation’s agreement to license Warhol’s banana design, which is featured on the cover of the album “The Velvet Underground & Nico,” violates its intellectual property rights. The license would allow the design to be used on products such as covers for iPhones and iPads.

Trial in the suit was set to begin July 29, but according to court filings yesterday, the parties have reach an agreement. However, they did not disclose the details of the settlement.

Read  more about this story on Thomson Reuters.

For more copyright infringement stories on InsideCounsel, see:

IP: Don’t have a big idea? Buy one, but be careful!

Content industries try a new strategy to combat file-sharing

5 celebrity lawsuits in the news: Raging Rihanna

5 celebrity lawsuits in the news: Batman Battle

DMCA protections do not apply to pre-1972 sound recordings, court rules


Cathleen Flahardy

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.