The American Dolce & Gabbana arm escaped a proposed lawsuit for the alleged abandonment of its mother company of a non -endable symbolic project (NFT).
in to request On Friday, the New York Federal Court judge, Naomi Puchawald, stood with Dolce & Gabbana USa Inc. And he rejected the lawsuit because she was not the “changing ego” of her father in Italy, Dolce & Gabbana Srl.
A group of NFT buyers claimed a lawsuit filed in May 2024 and to update In September, Dolce & Gabbana and its American arm “the same company” that failed to introduce the NFT “DGFAMILY” project, which was launched in 2022 and maintained more than $ 25 million of it.
The future of the lawsuit is in doubt where Dolce & Gabbana USA was the United States’s only defendant. The Dubai -based NFT Marketplace has also been named UNXD Inc. The Italian-based Bluebear ITALIAR SRL-creative of the NFT group called “Inbetweeners”-as a defendant, which the court noted was not submitted with the complaint.
The lawsuit was claimed by NFT Dolce & Gabbana
The complaint claimed that Dolce & Gabbana and UNXD introduced and strengthened DGFAMIY, which would give buyers “high value” advantages to be delivered over two years at a rate once in a quarter.
Some promised privileged privileges were digital clothes for decentralized microscopes, physical clothes and live events for NFT holders.
However, the lawsuit claimed that Dolce & Gabbana “failed to provide a full range of the benefits they promised” and prevented millions of dollars from selling NFTS.
The American arm argued that he did not participate in NFTS
Dolce & Gabbana USA applied to reject the lawsuit in January, on the pretext that it was a separate entity that could not be linked to the actions of her Italian mother company.
“D&G USA has not entered into any joint venture with UNXD, or any other entity, to sell, advertise or promote any NFTS,” as he argued.
The company argued that the evidence of the complaint had proven that the NFT project originated from its mother company in Italy and that it had no adequate relationships between the United States and Italian companies.
The lawsuit failed to separate Dolce & Gabbana USA and the Italian company: Judge
Judge Pocewald said that the lawsuit was “insufficient to bear the request of D&G USA to exclude” as he referred to both the American and Italian company “as” Dolce & Gabbana “and all misconduct is attributed to this common title, without distinguishing between what each entity did.”
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She pointed out that the amended lawsuit separates “an overlap in ownership, employees, managers and employees” between the two companies, such as the participation of the CEO, the head of the executives of information technology and marketing.
However, the lawsuit failed to “submit specific examples” of how these executives participate in the NFT project.
“The court found that the prosecutor did not claim enough that the D&G SRL had completely controlled the D&G USA even if D&G SRL claims that some employees and office spaces with D&G USA.”
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