1 00:00:03,200 --> 00:00:07,920 Speaker 1: This is Bloomberg Law with June Brasso from Bloomberg Radio. 2 00:00:11,560 --> 00:00:15,880 Speaker 1: Wow cool a bag. Hello, I'm a girl with the purse. 3 00:00:16,079 --> 00:00:18,480 Speaker 1: Not just a purse. It's a broken bag. I went 4 00:00:18,560 --> 00:00:20,560 Speaker 1: to school. Look at named brickn I don't think this 5 00:00:20,680 --> 00:00:24,560 Speaker 1: is same broken. Rory Gilmour may not have known about 6 00:00:24,560 --> 00:00:29,320 Speaker 1: the ultimate status symbol, but her grandmother did. Oh my god, 7 00:00:30,160 --> 00:00:33,880 Speaker 1: a broken bag. You've heard of it. Of course, that's 8 00:00:33,920 --> 00:00:38,280 Speaker 1: a very nice purse. Maybe I shouldn't use it. Oh no, 9 00:00:38,360 --> 00:00:40,560 Speaker 1: a broken bag is meant to be used and seen. 10 00:00:40,800 --> 00:00:45,280 Speaker 1: I had no idea. Well, well, well, a broken bag, 11 00:00:45,760 --> 00:00:49,360 Speaker 1: A broken bag of broken bag for Rory. The iconic 12 00:00:49,400 --> 00:00:52,839 Speaker 1: broken bags range in price from twelve thousand to more 13 00:00:52,880 --> 00:00:55,959 Speaker 1: than three hundred thousand dollars, and there's a six year 14 00:00:56,040 --> 00:00:59,880 Speaker 1: waiting list to purchase one. So luxury brand Hermes when 15 00:01:00,040 --> 00:01:02,880 Speaker 1: to trial to protect its right to the valuable Berkin 16 00:01:03,000 --> 00:01:07,240 Speaker 1: trademark against a digital artist who started selling meta Burken 17 00:01:07,400 --> 00:01:10,840 Speaker 1: and f t s digital images depicting the Burkin but 18 00:01:11,040 --> 00:01:16,400 Speaker 1: covered in colorful cartoonish fur. The artist Mason Rothschild claimed 19 00:01:16,400 --> 00:01:20,200 Speaker 1: the meta Berkens were artworks protected by the First Amendment, 20 00:01:20,520 --> 00:01:24,480 Speaker 1: but a Manhattan jury disagreed and found for Ermez. Here 21 00:01:24,520 --> 00:01:28,680 Speaker 1: to look behind the verdict is intellectual property litigator Terrence Ross, 22 00:01:28,680 --> 00:01:32,240 Speaker 1: a partner at Captain Uten Rosenman. The jury found him 23 00:01:32,360 --> 00:01:37,319 Speaker 1: guilty of trademark infringement, delustion, and cyber squatting. Do we 24 00:01:37,400 --> 00:01:40,319 Speaker 1: know what tests they used in order to come to 25 00:01:40,400 --> 00:01:46,680 Speaker 1: that well? The judge specifically asked them, the jury, to 26 00:01:46,959 --> 00:01:51,440 Speaker 1: determine whether or not the meta berkins produced by Mr 27 00:01:51,520 --> 00:01:56,200 Speaker 1: Ross child War artistic works are consumer products, and they 28 00:01:56,240 --> 00:02:00,200 Speaker 1: answered that question saying that they did not view them 29 00:02:00,200 --> 00:02:03,640 Speaker 1: as artwork. They viewed them as consumer products. And so 30 00:02:03,680 --> 00:02:06,320 Speaker 1: we have to assume that they at least considered the 31 00:02:06,400 --> 00:02:09,320 Speaker 1: Rogers test, because one of the requirements of the Rogers 32 00:02:09,320 --> 00:02:11,520 Speaker 1: test is that it be an expressive work, you know, 33 00:02:11,639 --> 00:02:14,280 Speaker 1: artistic work. It would have been rejected out of hand 34 00:02:14,320 --> 00:02:18,760 Speaker 1: that test. So there's this blurry line between art and 35 00:02:18,840 --> 00:02:22,079 Speaker 1: commercial products. So the jury determined that n f T 36 00:02:22,200 --> 00:02:26,359 Speaker 1: s are more akin to commercial products. Does that have 37 00:02:26,440 --> 00:02:32,680 Speaker 1: any impact on future cases? Not? Really. The finding of 38 00:02:32,720 --> 00:02:36,040 Speaker 1: the jury is a fact finding. Legal findings are left 39 00:02:36,040 --> 00:02:38,119 Speaker 1: to the judge of the court. The jury only makes 40 00:02:38,160 --> 00:02:42,800 Speaker 1: fact findings and the factual circumstances changed from case to 41 00:02:42,840 --> 00:02:46,680 Speaker 1: case is particularly true and trademark law where you can 42 00:02:46,680 --> 00:02:51,320 Speaker 1: have widely different facts producing widely different results, and so 43 00:02:51,840 --> 00:02:54,880 Speaker 1: that finding by the jury is limited to this specific 44 00:02:55,080 --> 00:02:58,760 Speaker 1: case against Mr. Ross Child. Rothschild had argued that his 45 00:02:58,960 --> 00:03:01,120 Speaker 1: n f T s or works of art protected by 46 00:03:01,120 --> 00:03:05,120 Speaker 1: the First Amendment no different from Andy Warhol's famous silk 47 00:03:05,160 --> 00:03:08,400 Speaker 1: screen prints of Campbell soup cans. How did that argument 48 00:03:08,400 --> 00:03:11,079 Speaker 1: take a hit when the judge made a ruling right 49 00:03:11,160 --> 00:03:15,400 Speaker 1: at the beginning of the trial, so before opening arguments 50 00:03:15,440 --> 00:03:18,040 Speaker 1: even commenced. As part of a pre trial set of rulings, 51 00:03:18,400 --> 00:03:24,400 Speaker 1: the judge bard testimony from the defendant, Mr. Rothschild's expert witness, 52 00:03:24,400 --> 00:03:29,040 Speaker 1: who is an art critic and proposed coming before the 53 00:03:29,120 --> 00:03:34,000 Speaker 1: jury testifying that the meta berkins created by Mr. Rothschild 54 00:03:34,040 --> 00:03:38,640 Speaker 1: were no different than the Campbell soup painting that is 55 00:03:38,680 --> 00:03:43,320 Speaker 1: now literally iconic in American artwork from the nineteen sixties, 56 00:03:43,600 --> 00:03:49,320 Speaker 1: and so being unable to present that testimony from their 57 00:03:49,400 --> 00:03:54,440 Speaker 1: expert art critic really hamstrung the defense throughout the case. 58 00:03:55,040 --> 00:03:58,400 Speaker 1: So people have been looking at this as a case 59 00:03:58,440 --> 00:04:02,800 Speaker 1: that had the potential to clarify how trademark law applies 60 00:04:02,840 --> 00:04:05,680 Speaker 1: to n f t S. Does it do that, well, 61 00:04:05,760 --> 00:04:09,440 Speaker 1: I don't think a single case, unless it happens to 62 00:04:09,440 --> 00:04:12,080 Speaker 1: be in front of the Supreme Court, is going to 63 00:04:12,120 --> 00:04:15,560 Speaker 1: clarify the law in this area. What this case does 64 00:04:15,680 --> 00:04:21,440 Speaker 1: do is lay down a marker on behalf of trademark owners. 65 00:04:21,680 --> 00:04:27,400 Speaker 1: It points in the direction of findings that the metaverse 66 00:04:27,600 --> 00:04:31,000 Speaker 1: is subject to the Landmack the u S trademark laws, 67 00:04:31,040 --> 00:04:35,000 Speaker 1: and it will encourage other trademark owners to now bring 68 00:04:35,200 --> 00:04:38,680 Speaker 1: to to enforce their rights in the metaverse. I am 69 00:04:38,720 --> 00:04:41,119 Speaker 1: aware of two clients of ours who have been thinking 70 00:04:41,160 --> 00:04:44,280 Speaker 1: it was bringing LAWSS andimbly waiting to see how this 71 00:04:44,400 --> 00:04:46,960 Speaker 1: came out, and this will encourage them. Now. The other 72 00:04:47,000 --> 00:04:50,960 Speaker 1: thing this case does is it lays the foundation for 73 00:04:51,360 --> 00:04:55,560 Speaker 1: appellate decisions. So now there is a concrete verdict in 74 00:04:55,560 --> 00:04:58,800 Speaker 1: a case that can go up on appeal and we 75 00:04:58,880 --> 00:05:02,440 Speaker 1: can see what the Pellet courts think of the application 76 00:05:02,480 --> 00:05:06,440 Speaker 1: trademark laws to n f T S. Yeah, so Rothschild 77 00:05:06,640 --> 00:05:10,200 Speaker 1: said what happened today was wrong. What happened today will 78 00:05:10,200 --> 00:05:13,160 Speaker 1: continue to happen if we don't continue to fight. This 79 00:05:13,240 --> 00:05:16,640 Speaker 1: is far from over, and his attorneys said that they 80 00:05:16,640 --> 00:05:20,120 Speaker 1: will appeal, they'll take every legal avenue that they have. 81 00:05:20,400 --> 00:05:24,320 Speaker 1: What are the legal avenues that they have? So the 82 00:05:24,480 --> 00:05:28,960 Speaker 1: very first option that the defense has here is to 83 00:05:29,520 --> 00:05:34,320 Speaker 1: file a motion with Judge Rakoff asking him to set 84 00:05:34,360 --> 00:05:38,640 Speaker 1: aside the jury verdict and to grant judgment to the 85 00:05:38,680 --> 00:05:43,000 Speaker 1: defense on the legal theories that are presented in the case. 86 00:05:43,240 --> 00:05:46,840 Speaker 1: This is going to be challenging for the defense. It's 87 00:05:46,880 --> 00:05:49,960 Speaker 1: something they will do, they have to do. But Koff 88 00:05:50,160 --> 00:05:53,880 Speaker 1: basically said at the motion to this miss stage that 89 00:05:54,320 --> 00:05:58,200 Speaker 1: he was uncertain as to whether or not there was 90 00:05:58,279 --> 00:06:02,960 Speaker 1: sufficient factual prediquette here for the defendant to take advantage 91 00:06:02,960 --> 00:06:05,960 Speaker 1: of the so called Rogers test, and he wanted the 92 00:06:06,040 --> 00:06:08,839 Speaker 1: jury to give him some advice on that. And the 93 00:06:08,920 --> 00:06:11,960 Speaker 1: jury gave him advice and they said, yes, yes, there's 94 00:06:11,960 --> 00:06:14,839 Speaker 1: not a factual predicate here. This is not an expressive work, 95 00:06:14,880 --> 00:06:18,560 Speaker 1: it's not art, it's a consumer product, and the Rogers 96 00:06:18,600 --> 00:06:21,880 Speaker 1: test does not apply to consumer products at least, so 97 00:06:21,920 --> 00:06:24,680 Speaker 1: we think the Rogers test, which was from our discord. 98 00:06:24,800 --> 00:06:29,160 Speaker 1: Second Circuit expressly says that the First Amendment protection extends 99 00:06:29,200 --> 00:06:32,880 Speaker 1: to the use of celebrity names in expressive works where 100 00:06:32,920 --> 00:06:35,320 Speaker 1: the use of the name is relevant to the work 101 00:06:35,520 --> 00:06:40,200 Speaker 1: and it's not intentionally misleading. And here that key element 102 00:06:40,279 --> 00:06:42,600 Speaker 1: that the jury says is missing his web not this 103 00:06:42,760 --> 00:06:45,600 Speaker 1: is an artistic work. So I think they will lose 104 00:06:45,880 --> 00:06:49,160 Speaker 1: the post trial motion unless he wants to simply disregard 105 00:06:49,200 --> 00:06:51,840 Speaker 1: the jury and they'll take it up then on appeal 106 00:06:51,880 --> 00:06:54,960 Speaker 1: to the Second Circuit. And this becomes pretty important. The 107 00:06:55,000 --> 00:06:58,719 Speaker 1: Second Circuit is the author of the Rogers test, which 108 00:06:58,760 --> 00:07:02,360 Speaker 1: the defense heavily relied upon here. It is also one 109 00:07:02,400 --> 00:07:05,440 Speaker 1: of the most important appellate courts in the nation with 110 00:07:05,480 --> 00:07:09,159 Speaker 1: respect to trademark law, and that's where we will really 111 00:07:09,560 --> 00:07:12,400 Speaker 1: get some guidance going forward into the future. The Second 112 00:07:12,440 --> 00:07:15,840 Speaker 1: Circuit affirms the verdict here and says, yes, there's always 113 00:07:15,840 --> 00:07:20,720 Speaker 1: trademark infringement. That's going to really be very influential across 114 00:07:20,840 --> 00:07:23,240 Speaker 1: the rescue nited States, even though the Second Circuits per 115 00:07:23,320 --> 00:07:27,480 Speaker 1: view is limited to New York. In Connecticut and the 116 00:07:27,520 --> 00:07:32,280 Speaker 1: Supreme Court, as we've discussed, is deciding a case involving 117 00:07:32,440 --> 00:07:38,000 Speaker 1: Jack Daniels trademark, how might that affect this decision? So 118 00:07:38,200 --> 00:07:40,960 Speaker 1: in my view, that has always been the eight pound 119 00:07:40,920 --> 00:07:43,480 Speaker 1: gerrilla in the room that people have tend to take 120 00:07:43,560 --> 00:07:47,680 Speaker 1: nore here, particularly the judge. The Supreme Court accepted certry 121 00:07:48,160 --> 00:07:51,119 Speaker 1: in the Jack Daniels case back in November. In that case, 122 00:07:51,280 --> 00:07:54,400 Speaker 1: the Rogers test is squarely presented to the Supreme Court 123 00:07:54,720 --> 00:07:58,480 Speaker 1: as to whether it is a legitimate test, whether it 124 00:07:58,520 --> 00:08:01,200 Speaker 1: really exists, because remember Second Circuit made that up out 125 00:08:01,200 --> 00:08:03,600 Speaker 1: a whole class. It's not in the trademark lass. It's 126 00:08:03,600 --> 00:08:06,560 Speaker 1: not statutory. It's judge made locks. And the Supreme Court 127 00:08:06,640 --> 00:08:08,560 Speaker 1: might say, well, there is no such thing in the 128 00:08:08,600 --> 00:08:11,800 Speaker 1: trademark lost. Or the Spreme Court could say, yes, we 129 00:08:11,880 --> 00:08:14,520 Speaker 1: have to have such a test as the Rogers test 130 00:08:14,600 --> 00:08:17,920 Speaker 1: in order to protect First Amendment interests in the trademark field, 131 00:08:18,200 --> 00:08:21,080 Speaker 1: but we don't like the way the Second Circuit works. 132 00:08:21,120 --> 00:08:23,760 Speaker 1: The test, our test will be and then they'll explain 133 00:08:23,800 --> 00:08:26,160 Speaker 1: what it is. Or they could simply say, you know, 134 00:08:26,280 --> 00:08:28,640 Speaker 1: Rogers test is a great idea. It's really protects First 135 00:08:28,640 --> 00:08:33,600 Speaker 1: Amendment interest works partially fine, we're narrowly cabinet to protection 136 00:08:33,679 --> 00:08:37,080 Speaker 1: of celebrity names used in artistic works, or it may expanded, 137 00:08:37,160 --> 00:08:40,560 Speaker 1: say what we're expanded to expressive works more generally. But 138 00:08:40,920 --> 00:08:43,760 Speaker 1: with all those question marks hanging over this case, it 139 00:08:43,760 --> 00:08:45,480 Speaker 1: really made no sense to try it. In my view 140 00:08:45,840 --> 00:08:48,360 Speaker 1: other than to say you're moving your docket of cases 141 00:08:48,679 --> 00:08:52,360 Speaker 1: down the road because the whole thing could be tossed 142 00:08:52,360 --> 00:08:55,079 Speaker 1: out by a decision the Supreme Court, and there might 143 00:08:55,120 --> 00:08:57,760 Speaker 1: have to be a do over forgetting the Supreme Court 144 00:08:57,800 --> 00:09:00,480 Speaker 1: for a minute in the second Circuit, does this revertic 145 00:09:00,600 --> 00:09:05,160 Speaker 1: stand for the proposition that n f t s cannot 146 00:09:05,240 --> 00:09:09,120 Speaker 1: be artwork protected by the First Amendment or is it 147 00:09:09,160 --> 00:09:12,520 Speaker 1: facts specific? I think it's too facts specific to come 148 00:09:12,559 --> 00:09:15,559 Speaker 1: to that conclusion. The n f t s that issue 149 00:09:15,640 --> 00:09:21,160 Speaker 1: here were pretty darn close to virtual copies of hermes 150 00:09:21,320 --> 00:09:25,960 Speaker 1: Is broken bags. I think the principal difference was instead 151 00:09:26,040 --> 00:09:31,360 Speaker 1: of animal type fabrics, whether it be crocodile ostrich or cows, 152 00:09:31,679 --> 00:09:34,880 Speaker 1: they were covered with sort of a fur, fluffy fur, 153 00:09:35,160 --> 00:09:38,280 Speaker 1: purportedly to make some sort of statement about animal abuse. 154 00:09:38,320 --> 00:09:40,920 Speaker 1: I think so I can imagine n f t s 155 00:09:41,200 --> 00:09:44,480 Speaker 1: that are far more creative than that. But the key 156 00:09:44,480 --> 00:09:48,000 Speaker 1: thing to remember here it wasn't the image. This was 157 00:09:48,080 --> 00:09:51,440 Speaker 1: not a copyright case. The problem was the use of 158 00:09:51,480 --> 00:09:55,920 Speaker 1: the trademark name Birken. You know, the defendant Mr Rochald 159 00:09:56,000 --> 00:09:58,200 Speaker 1: did change the name little bit too meta Birken, but 160 00:09:58,400 --> 00:10:01,960 Speaker 1: the plaintiff her these introduced a lot of evidence of 161 00:10:02,000 --> 00:10:06,200 Speaker 1: consumer confusion that was sufficient to overcome the insertion of 162 00:10:06,280 --> 00:10:09,520 Speaker 1: that prefix meta berken. And that's the real problem here, 163 00:10:09,640 --> 00:10:12,760 Speaker 1: is using the trademark name. He had simply posted n 164 00:10:12,800 --> 00:10:15,480 Speaker 1: f T s under some new creative name that he 165 00:10:15,520 --> 00:10:19,160 Speaker 1: came up with, the Rothschild bag graft. This might never 166 00:10:19,200 --> 00:10:22,840 Speaker 1: have gotten to court. You know, I keep reading that 167 00:10:22,960 --> 00:10:26,440 Speaker 1: this loss may have a chilling effect on artists who 168 00:10:26,440 --> 00:10:29,600 Speaker 1: want to use trademarks in their n f T projects. 169 00:10:29,679 --> 00:10:35,080 Speaker 1: But shouldn't it. I mean, artists shouldn't be infringing on trademarks. 170 00:10:36,080 --> 00:10:40,160 Speaker 1: So we have had trademark laws in this country since 171 00:10:40,200 --> 00:10:43,440 Speaker 1: the late nineteenth century. The specific statute we now have, 172 00:10:43,600 --> 00:10:46,120 Speaker 1: the Land Act, I believe, was past nineteen fifty four. 173 00:10:46,520 --> 00:10:50,760 Speaker 1: So that's going on seventy years of existing with trademarks 174 00:10:51,000 --> 00:10:54,240 Speaker 1: in the real world and seventy years of experience. And 175 00:10:54,400 --> 00:10:57,560 Speaker 1: although from Tom and Tom you hear people complain about 176 00:10:57,840 --> 00:11:00,720 Speaker 1: a chilling effect on First Amendment rights, we really haven't 177 00:11:00,720 --> 00:11:02,840 Speaker 1: seen any of that. And that's a lot of experience. 178 00:11:02,960 --> 00:11:07,640 Speaker 1: I don't see why that changes simply because you're creating 179 00:11:07,720 --> 00:11:12,040 Speaker 1: digital images to put into this metaverse. I simply do 180 00:11:12,160 --> 00:11:16,360 Speaker 1: not believe that enforcement and the trademark laws create any 181 00:11:16,400 --> 00:11:20,520 Speaker 1: sort of chilling effect on First Amendment rights. So I 182 00:11:20,679 --> 00:11:23,880 Speaker 1: really don't buy that argument, and I think it's disproved 183 00:11:23,960 --> 00:11:28,680 Speaker 1: by many, many decades of history. I don't think Hermas 184 00:11:28,800 --> 00:11:31,320 Speaker 1: was in this for the money necessarily. But the jury 185 00:11:31,440 --> 00:11:34,839 Speaker 1: only awarded a hundred thirty three thousand dollars in damages, 186 00:11:35,840 --> 00:11:41,880 Speaker 1: which is relatively low. The point of Hermes only asked 187 00:11:41,920 --> 00:11:45,160 Speaker 1: for about two and fifty dollars, so the jury gave 188 00:11:45,200 --> 00:11:49,440 Speaker 1: them a portion of that. The trademark infringement cases don't 189 00:11:49,520 --> 00:11:54,840 Speaker 1: typically a result in significant damage awards. Now, part of 190 00:11:54,840 --> 00:11:57,800 Speaker 1: the specific reason here is that as Rothschild just didn't 191 00:11:57,800 --> 00:12:00,080 Speaker 1: sell that many I think the evidence of trial as 192 00:12:00,080 --> 00:12:03,120 Speaker 1: he sold fifty five point two of these n f 193 00:12:03,160 --> 00:12:07,000 Speaker 1: T s, and so we just didn't generate that much profit. 194 00:12:07,440 --> 00:12:11,000 Speaker 1: And the key and the trademarketing idea is what the 195 00:12:11,000 --> 00:12:14,520 Speaker 1: plane of the trademark onner gets is a disgorgement of 196 00:12:14,720 --> 00:12:19,000 Speaker 1: the ill gotten gains from the infringer. So there's a 197 00:12:19,000 --> 00:12:22,400 Speaker 1: cap on it to start with. UM, Now, what we 198 00:12:22,440 --> 00:12:26,000 Speaker 1: are going to see here is post trial motion for 199 00:12:26,040 --> 00:12:30,360 Speaker 1: attorney's fees, and those could be substantial and I don't 200 00:12:30,360 --> 00:12:32,760 Speaker 1: know whether the court will grant them, but that is 201 00:12:33,240 --> 00:12:36,360 Speaker 1: where the real hit Mr. Rothschild could come from. But 202 00:12:36,440 --> 00:12:40,360 Speaker 1: I think when you look at this holistically, this case 203 00:12:40,480 --> 00:12:44,880 Speaker 1: was never about recovering damages. This case was about protecting 204 00:12:44,920 --> 00:12:49,559 Speaker 1: the brand. The Burke and Trademark harmonies apparently has specific 205 00:12:49,600 --> 00:12:53,560 Speaker 1: plans in the metaverse as as many fashion houses do 206 00:12:53,960 --> 00:12:56,200 Speaker 1: to start introducing their own n f T s, and 207 00:12:56,760 --> 00:13:00,280 Speaker 1: it needed this sort of trademark protection to them to 208 00:13:00,280 --> 00:13:04,320 Speaker 1: the metaverse. And so this was a case about setting 209 00:13:04,320 --> 00:13:08,600 Speaker 1: a president, and I think they've been very successful in 210 00:13:08,640 --> 00:13:12,000 Speaker 1: doing that. Are we going to learn anything more? When 211 00:13:12,440 --> 00:13:17,959 Speaker 1: Judge Rakoff weighs in during the post trial motions, we 212 00:13:18,040 --> 00:13:21,840 Speaker 1: might learn a little bit more. Um, it would be 213 00:13:21,880 --> 00:13:26,520 Speaker 1: possible for him and here to simply say, I'm denying 214 00:13:26,600 --> 00:13:33,360 Speaker 1: the motion by defendants. Um, the jury verdict stands. Um. 215 00:13:33,559 --> 00:13:37,000 Speaker 1: Jury verdicts are accorded great weight even in post trial motions, 216 00:13:37,720 --> 00:13:40,640 Speaker 1: And so he might simply punt on it and let 217 00:13:40,640 --> 00:13:43,240 Speaker 1: it go straight up to the second circuit in that form. 218 00:13:43,480 --> 00:13:48,080 Speaker 1: But then again, he tends to write in his decisions 219 00:13:48,160 --> 00:13:52,880 Speaker 1: and um, so we may we may still learn something 220 00:13:52,920 --> 00:13:56,760 Speaker 1: more specifically about how he now views the applicability the 221 00:13:56,840 --> 00:14:00,400 Speaker 1: rogers test after this sort of advisory opinion from jury 222 00:14:00,440 --> 00:14:03,520 Speaker 1: that they did not regard this to be artistic works. 223 00:14:04,200 --> 00:14:08,480 Speaker 1: So I understand that fashion brands are like Louis Vitton 224 00:14:09,240 --> 00:14:14,760 Speaker 1: filing trademark applications for design marks covering digital content including 225 00:14:14,960 --> 00:14:19,680 Speaker 1: n f T S. UM. Will that help fashion brands 226 00:14:19,680 --> 00:14:26,800 Speaker 1: in the future in pursuing these kinds of claims. Yes, 227 00:14:27,920 --> 00:14:35,680 Speaker 1: a registered trademark provides a brand owner with certain procedural 228 00:14:35,760 --> 00:14:41,000 Speaker 1: advantages UM, as well as the right to obtain attorney's 229 00:14:41,040 --> 00:14:45,640 Speaker 1: fees UM in a lawsuit. So there are advantages of 230 00:14:45,680 --> 00:14:52,360 Speaker 1: that UM. It is theoretically possible or a trademark owner 231 00:14:52,400 --> 00:15:00,080 Speaker 1: to proceed under without a registration under a theory of 232 00:15:00,760 --> 00:15:06,440 Speaker 1: unfair competition UM. But I think the advantage here is 233 00:15:07,160 --> 00:15:10,240 Speaker 1: to get the registration. It should not be a difficult 234 00:15:10,240 --> 00:15:13,440 Speaker 1: thing to do UM and to have the full pana 235 00:15:13,520 --> 00:15:20,160 Speaker 1: play then of trademark claims and remedies available. And I 236 00:15:20,240 --> 00:15:23,800 Speaker 1: understand what trademark infringement is and what trademark delustion is. 237 00:15:24,080 --> 00:15:31,080 Speaker 1: What is cyber squatting? So cyber squatting is where a 238 00:15:31,160 --> 00:15:39,600 Speaker 1: defendant UM uses a U R L UM that incorporates 239 00:15:40,560 --> 00:15:45,680 Speaker 1: or at least causes confusion with respect a trademark, and 240 00:15:45,800 --> 00:15:48,640 Speaker 1: so I do not specifically know what you are l 241 00:15:48,840 --> 00:15:52,320 Speaker 1: he was Mr Roshaw was using here, but I assume 242 00:15:52,360 --> 00:15:55,320 Speaker 1: in order to sell these in the metaverse he had 243 00:15:55,360 --> 00:16:01,240 Speaker 1: to have a website. And if the website was www 244 00:16:01,320 --> 00:16:07,160 Speaker 1: dot meta Berken dot com, well that would set him 245 00:16:07,240 --> 00:16:10,960 Speaker 1: up for a cause of action for cyber squadding. Um. 246 00:16:10,960 --> 00:16:14,280 Speaker 1: The claim from Hermes would be, well, we own the 247 00:16:14,480 --> 00:16:19,760 Speaker 1: trademark for Berken, and therefore we are entied led to 248 00:16:20,720 --> 00:16:26,000 Speaker 1: claim and own any U r L that includes or 249 00:16:26,040 --> 00:16:30,240 Speaker 1: incorporates that trademark. All right, thanks so much for your insights, Terry. 250 00:16:30,560 --> 00:16:34,440 Speaker 1: That's intellectual property litigator Terence Ross, a partner at Caton 251 00:16:34,560 --> 00:16:39,600 Speaker 1: Uchuen Rosenman. The Camp Lejune litigation could turn out to 252 00:16:39,600 --> 00:16:43,160 Speaker 1: be the largest case in US history, with estimates of 253 00:16:43,200 --> 00:16:47,320 Speaker 1: as many as five hundred thousand claims being filed. Lawyers 254 00:16:47,320 --> 00:16:50,480 Speaker 1: across the country have spent millions of dollars and thousands 255 00:16:50,520 --> 00:16:54,360 Speaker 1: of hours preparing lawsuits on behalf of military veterans and 256 00:16:54,360 --> 00:16:57,720 Speaker 1: their families exposed to toxic water at Camp le June. 257 00:16:58,160 --> 00:17:01,320 Speaker 1: Now a rule in North Carolina Real Court threatens to 258 00:17:01,360 --> 00:17:04,720 Speaker 1: throw that work into chaos. Joining me is Roy Strom, 259 00:17:04,760 --> 00:17:09,399 Speaker 1: correspondent for Bloomberg Law. Start by telling us a little 260 00:17:09,520 --> 00:17:16,560 Speaker 1: about these Camp Lejune cases. You know the background, sure, so. 261 00:17:16,680 --> 00:17:20,640 Speaker 1: Camp Lejune is a Marine Corps base in North Carolina 262 00:17:21,359 --> 00:17:25,360 Speaker 1: and all the way back in two the Marine Corps 263 00:17:25,400 --> 00:17:31,040 Speaker 1: discovered water at the base had been contaminated. The contaminated 264 00:17:31,080 --> 00:17:36,040 Speaker 1: wells were shut down in nineteen but there were, by 265 00:17:36,080 --> 00:17:41,240 Speaker 1: some estimates, over a million Marines, family members, civilian staff, 266 00:17:42,000 --> 00:17:46,160 Speaker 1: and others who used the water between the nineteen fifties 267 00:17:46,280 --> 00:17:50,120 Speaker 1: in the nineteen eighties. And that water has been linked 268 00:17:50,200 --> 00:17:55,399 Speaker 1: to all kinds of cancers and other diseases, and a 269 00:17:55,400 --> 00:17:59,160 Speaker 1: lot of trouble with birth defects or still births. And 270 00:17:59,320 --> 00:18:01,520 Speaker 1: there was a law effort, a lot of it done 271 00:18:01,520 --> 00:18:07,399 Speaker 1: by the Marines themselves to get compensation for the illnesses 272 00:18:07,560 --> 00:18:11,760 Speaker 1: caused by being subjected to this water. And last year 273 00:18:12,400 --> 00:18:17,160 Speaker 1: Congress passed and President Biden signed a law that allowed 274 00:18:17,280 --> 00:18:22,159 Speaker 1: veterans to bring these claims. What's the process they have 275 00:18:22,240 --> 00:18:27,199 Speaker 1: to go through? Lawyers who represent these clients first have 276 00:18:27,400 --> 00:18:31,520 Speaker 1: to file a claim, a sort of administrative claim with 277 00:18:31,800 --> 00:18:37,760 Speaker 1: the Navy UM, which is given six months to either 278 00:18:37,840 --> 00:18:41,639 Speaker 1: offer a settlement or somehow resolve the claim with every 279 00:18:41,880 --> 00:18:46,920 Speaker 1: individual client. And if that doesn't happen, either because the 280 00:18:47,000 --> 00:18:50,879 Speaker 1: Navy denies the claim or because of the claimant is 281 00:18:50,920 --> 00:18:54,560 Speaker 1: a dissatisfied with whatever offers on the table, we're then 282 00:18:54,600 --> 00:18:59,399 Speaker 1: allowed to file a federal lawsuit, basically a toward claim 283 00:18:59,440 --> 00:19:02,720 Speaker 1: against the federal government, and it has to be filed 284 00:19:02,920 --> 00:19:07,639 Speaker 1: in a North Carolina federal court, which is expected to 285 00:19:07,680 --> 00:19:12,680 Speaker 1: be hearing tens of thousands of these cases. Some estimates 286 00:19:12,680 --> 00:19:15,400 Speaker 1: are that there will be as many as five hundred 287 00:19:15,440 --> 00:19:21,800 Speaker 1: thousands lawsuits ultimately filed. So I think we've all seen 288 00:19:22,160 --> 00:19:27,000 Speaker 1: Anyone who watches TV has seen these ads of lawyers 289 00:19:27,200 --> 00:19:31,960 Speaker 1: appealing to Camp Lejune victims to hire them. Our plaintiffs 290 00:19:32,000 --> 00:19:37,680 Speaker 1: lawyers involved in a kind of competition to represent these victims. Yeah, 291 00:19:37,760 --> 00:19:42,040 Speaker 1: certainly there is a very large number of plaintiffs lawyers 292 00:19:42,040 --> 00:19:46,679 Speaker 1: who are interested in taking on these cases. And the 293 00:19:46,800 --> 00:19:51,639 Speaker 1: way that they find those claimants is sort of the 294 00:19:52,359 --> 00:19:57,320 Speaker 1: underlying process and the business behind that is what I 295 00:19:57,480 --> 00:20:03,480 Speaker 1: have been reporting on. And it's not necessarily a new industry, 296 00:20:03,560 --> 00:20:08,399 Speaker 1: a new business, but it's become much more sophisticated and 297 00:20:08,480 --> 00:20:14,800 Speaker 1: streamlined and has attracted sort of new types of institutional 298 00:20:14,960 --> 00:20:20,000 Speaker 1: asset managers who view investing in camp to June and 299 00:20:20,080 --> 00:20:23,680 Speaker 1: another what are called mass toward claims, typically a lot 300 00:20:23,720 --> 00:20:29,119 Speaker 1: of pharmaceutical drugs that were later found to cause problems. 301 00:20:29,359 --> 00:20:35,800 Speaker 1: These investors ultimately financed the advertisements. They pay for the 302 00:20:35,880 --> 00:20:39,840 Speaker 1: ads to run, and they generate a return based on 303 00:20:41,040 --> 00:20:44,879 Speaker 1: either how the case ends up or sometimes through a 304 00:20:44,920 --> 00:20:49,919 Speaker 1: sort of more traditional loan type of product to law firms. 305 00:20:50,400 --> 00:20:54,479 Speaker 1: You write about a group of sixteen plaintiffs who filed 306 00:20:54,480 --> 00:20:57,280 Speaker 1: their claims and argued that they didn't have to first 307 00:20:57,280 --> 00:21:01,600 Speaker 1: go through the administrative process. Tell us about out that case. Yeah, 308 00:21:01,640 --> 00:21:04,480 Speaker 1: so this is an interesting aspect of it where like 309 00:21:04,640 --> 00:21:08,480 Speaker 1: I mentioned, the the cases are required by law to 310 00:21:08,520 --> 00:21:11,840 Speaker 1: be filed in North Carolina, where campus ing the course is. 311 00:21:12,320 --> 00:21:14,600 Speaker 1: You know, there's veterans who who were at the space 312 00:21:14,600 --> 00:21:16,879 Speaker 1: in the eighties who live all around the country now, 313 00:21:17,400 --> 00:21:20,760 Speaker 1: and certainly that the lawyers who are advertising on TV 314 00:21:21,640 --> 00:21:24,679 Speaker 1: don't all live in North Carolina. Many of them are 315 00:21:24,720 --> 00:21:29,880 Speaker 1: in Texas or pretty much anywhere. And so a law 316 00:21:29,960 --> 00:21:35,040 Speaker 1: firm brought a group of cases early in North Carolina 317 00:21:35,200 --> 00:21:39,600 Speaker 1: without going through that administrative process. They basically argued they 318 00:21:39,600 --> 00:21:43,160 Speaker 1: had done that before in trying to get compensation through 319 00:21:44,000 --> 00:21:47,479 Speaker 1: the Navy under a different program. And what was interesting 320 00:21:47,480 --> 00:21:50,880 Speaker 1: about that effort was that the federal judge came back 321 00:21:50,920 --> 00:21:54,000 Speaker 1: to them and said, you need to explain why you 322 00:21:54,040 --> 00:21:57,560 Speaker 1: shouldn't be you being the lawyers, need to explain why 323 00:21:57,600 --> 00:22:01,879 Speaker 1: you shouldn't be thrown off of this case because you've, 324 00:22:02,280 --> 00:22:06,600 Speaker 1: in essence, violated a local rule in that court that 325 00:22:06,680 --> 00:22:09,719 Speaker 1: allows lawyers who are from out of state who aren't 326 00:22:10,000 --> 00:22:14,919 Speaker 1: part of the North Carolina Bar two only bring three 327 00:22:15,280 --> 00:22:19,639 Speaker 1: unrelated cases in any given year. So they were faced 328 00:22:19,680 --> 00:22:23,119 Speaker 1: with the prospect of basically having done all this work 329 00:22:23,560 --> 00:22:26,960 Speaker 1: to get all these clients this work particular law firm 330 00:22:27,240 --> 00:22:29,960 Speaker 1: since they represent over a thousand clients I mean thousands 331 00:22:29,960 --> 00:22:36,399 Speaker 1: of clients, And here's a judge saying, perhaps the only 332 00:22:37,280 --> 00:22:38,960 Speaker 1: lawyers who are going to be allowed to do this 333 00:22:39,040 --> 00:22:43,000 Speaker 1: work are those who are from North Carolina, to course, 334 00:22:43,680 --> 00:22:47,560 Speaker 1: relatively small state in the grand scheme of the US 335 00:22:47,960 --> 00:22:53,840 Speaker 1: legal system, is the lawsuit one lawsuit where sixteen plaintiffs 336 00:22:53,880 --> 00:22:56,920 Speaker 1: are asking for a class action or is it more 337 00:22:56,960 --> 00:22:59,760 Speaker 1: than one lawsuit? In that case, I believe it was 338 00:22:59,840 --> 00:23:03,159 Speaker 1: some thing like eight lawsuits. Maybe one or some of 339 00:23:03,200 --> 00:23:07,320 Speaker 1: them had multiple plaintiffs involved, but it was it was 340 00:23:07,359 --> 00:23:10,800 Speaker 1: a group of lawsuits that were brought, like I said, 341 00:23:10,840 --> 00:23:14,399 Speaker 1: by this out of state law firm. And in a 342 00:23:14,440 --> 00:23:19,000 Speaker 1: more traditional mass torque case, what happens is they all 343 00:23:19,040 --> 00:23:23,240 Speaker 1: get bundled up into one giant case that's usually called 344 00:23:23,320 --> 00:23:27,639 Speaker 1: multidistrict litigation, and you file the claims as part of 345 00:23:27,640 --> 00:23:32,000 Speaker 1: the multi district litigation. But in that scenario, it's pretty 346 00:23:32,000 --> 00:23:35,120 Speaker 1: clear that that's a related case, or you wouldn't be 347 00:23:35,440 --> 00:23:40,800 Speaker 1: considered sort of violating a rule by appearing or representing 348 00:23:41,359 --> 00:23:47,000 Speaker 1: multiple clients in this multidistrict litigation. Now, the Camp Lejune 349 00:23:47,520 --> 00:23:52,520 Speaker 1: litigation isn't a multidistrict litigation, and it's sort of unclear 350 00:23:53,119 --> 00:23:56,600 Speaker 1: administratively how it's ultimately going to be handled. Most of 351 00:23:56,640 --> 00:24:00,480 Speaker 1: these lawsuits have not been filed yet because at six 352 00:24:00,640 --> 00:24:04,680 Speaker 1: month administrative lag period is sort of still playing out 353 00:24:04,760 --> 00:24:07,359 Speaker 1: for the vast majority, if not all, the claims that 354 00:24:07,400 --> 00:24:11,840 Speaker 1: have been filed already. So this idea of a three 355 00:24:12,160 --> 00:24:16,919 Speaker 1: plaintiff limit is certainly it's not enforced yet. The judge 356 00:24:16,920 --> 00:24:19,560 Speaker 1: in that case ultimately didn't rule on how he was 357 00:24:19,640 --> 00:24:24,400 Speaker 1: going to interpret this local rule. But the attorneys who 358 00:24:24,440 --> 00:24:28,320 Speaker 1: were asked to explain themselves basically made two arguments. One was, 359 00:24:29,119 --> 00:24:32,520 Speaker 1: these cases are related similar to the way that, like 360 00:24:32,560 --> 00:24:36,760 Speaker 1: I mentioned, a multidistrict litigation would be, they should be 361 00:24:36,800 --> 00:24:40,320 Speaker 1: considered basically one appearance, no matter how many of these 362 00:24:40,359 --> 00:24:43,000 Speaker 1: similar camp lash and claims we filed. And then two, 363 00:24:43,080 --> 00:24:46,920 Speaker 1: they said there's a good cause exception for allowing them 364 00:24:47,000 --> 00:24:50,399 Speaker 1: to represent these clients in North Carolina. And for that 365 00:24:50,520 --> 00:24:54,840 Speaker 1: argument they basically said a few things, one being, look, 366 00:24:54,880 --> 00:24:58,240 Speaker 1: it's the clients who chose us, and we don't think 367 00:24:58,320 --> 00:25:01,800 Speaker 1: it's right to just guard the client's choice of who 368 00:25:01,840 --> 00:25:05,600 Speaker 1: they want as their attorney. And secondly, among a litany 369 00:25:05,640 --> 00:25:07,800 Speaker 1: of argument, they said, basically, you know, we are a 370 00:25:07,920 --> 00:25:10,960 Speaker 1: very experienced law firm. We handled many of these types 371 00:25:11,000 --> 00:25:15,200 Speaker 1: of mass toward cases. We've invested in basically a sort 372 00:25:15,200 --> 00:25:19,000 Speaker 1: of infrastructure at our law firm that gives really quick 373 00:25:19,280 --> 00:25:23,520 Speaker 1: service and responses to our clients. And on top of that, 374 00:25:24,280 --> 00:25:28,119 Speaker 1: many of our lawyers are sort of highly regarded. One 375 00:25:28,160 --> 00:25:31,720 Speaker 1: of the statistics they point out is some majority or 376 00:25:31,760 --> 00:25:36,400 Speaker 1: near majority of their partners had been US Supreme Court clerks, 377 00:25:36,440 --> 00:25:40,119 Speaker 1: which in the legal systems sort of a big deal. 378 00:25:40,800 --> 00:25:42,600 Speaker 1: In the end, would you put the courts in the 379 00:25:42,680 --> 00:25:46,679 Speaker 1: position of judging who are the best lawyers to handle 380 00:25:46,680 --> 00:25:51,440 Speaker 1: these cases? So that is a possibility, and it's one 381 00:25:51,640 --> 00:25:55,600 Speaker 1: that in some ways a couple of other law firms 382 00:25:55,960 --> 00:26:01,320 Speaker 1: have sort of into that advocating for hinted at thinking 383 00:26:01,359 --> 00:26:04,840 Speaker 1: should be the process. When the North Carolina judge asked 384 00:26:04,920 --> 00:26:07,840 Speaker 1: this law firm about why it shouldn't be removed for 385 00:26:08,000 --> 00:26:11,439 Speaker 1: violating this rule, there were at least two other firms 386 00:26:11,440 --> 00:26:14,639 Speaker 1: who came in. They weren't implicated by the order itself, 387 00:26:14,680 --> 00:26:17,679 Speaker 1: but they wanted to have their voices heard. One was 388 00:26:17,760 --> 00:26:21,440 Speaker 1: a local North Carolina law firm that said, in essence, 389 00:26:21,880 --> 00:26:24,840 Speaker 1: judges should go on a sort of case by case 390 00:26:25,119 --> 00:26:30,359 Speaker 1: basis to make sure that the sort of best law 391 00:26:30,440 --> 00:26:35,080 Speaker 1: firms are representing clients in these cases. A similar argument 392 00:26:35,119 --> 00:26:39,520 Speaker 1: was made by a law firm that's actually been pivotal 393 00:26:39,680 --> 00:26:42,959 Speaker 1: in getting this law passed. It's called the Bell Law Group. 394 00:26:43,480 --> 00:26:47,879 Speaker 1: There main partner there at Bell was one of the 395 00:26:47,920 --> 00:26:51,439 Speaker 1: first lawyers really involved in this effort. He brought a 396 00:26:51,480 --> 00:26:56,160 Speaker 1: class action years ago that was thrown out and which 397 00:26:56,280 --> 00:26:59,800 Speaker 1: ultimately led to this law that was passed last year. 398 00:27:00,440 --> 00:27:02,760 Speaker 1: His law firm made a sort of similar argument, which 399 00:27:02,840 --> 00:27:07,080 Speaker 1: was that the court should play a role in making 400 00:27:07,080 --> 00:27:10,840 Speaker 1: sure that the best of the best lawyers were involved 401 00:27:11,040 --> 00:27:15,880 Speaker 1: representing these clients. People might look at these cases and 402 00:27:16,040 --> 00:27:19,520 Speaker 1: it seems as if, especially from the ads, as if 403 00:27:19,600 --> 00:27:24,520 Speaker 1: it's almost automatic compensation. But the lawyers that you spoke to, 404 00:27:25,280 --> 00:27:30,160 Speaker 1: especially one Mona Lisa Wallace in North Carolina, said these 405 00:27:30,200 --> 00:27:33,800 Speaker 1: are more difficult than ordinary tort cases. I don't know 406 00:27:33,800 --> 00:27:36,560 Speaker 1: if she said they're more difficult than ordinary toward cases, 407 00:27:36,600 --> 00:27:39,879 Speaker 1: but she said, certainly they require a lot of work. 408 00:27:40,040 --> 00:27:43,120 Speaker 1: She has a team of lawyers working, you know, it's 409 00:27:43,280 --> 00:27:45,720 Speaker 1: sort of around the clock or ten hours a day 410 00:27:45,720 --> 00:27:51,040 Speaker 1: on these cases. They're developing expert testimony. I mean, these 411 00:27:51,040 --> 00:27:54,480 Speaker 1: are very sick clients in a lot of instances. And 412 00:27:54,920 --> 00:28:00,000 Speaker 1: she told me that they've begun to take early depositions, 413 00:28:00,040 --> 00:28:03,159 Speaker 1: basically interviewing clients about their experiences of the base and 414 00:28:03,200 --> 00:28:06,560 Speaker 1: the illnesses they've they've suffered, and they're doing it earlier 415 00:28:06,560 --> 00:28:09,119 Speaker 1: than they normally would in the process because they basically 416 00:28:09,200 --> 00:28:13,399 Speaker 1: fear that these plaintiffs won't be alive to see this 417 00:28:13,520 --> 00:28:17,440 Speaker 1: process through and so as part of that, they're opening 418 00:28:18,400 --> 00:28:22,520 Speaker 1: it states for these plaintiffs to allow their family members 419 00:28:22,560 --> 00:28:26,679 Speaker 1: to file and receive these claims. And so she was 420 00:28:26,720 --> 00:28:29,800 Speaker 1: saying that, like you say, a lot of people view 421 00:28:29,880 --> 00:28:34,440 Speaker 1: these cases, maybe because of this sort of runaway advertising, 422 00:28:34,720 --> 00:28:37,680 Speaker 1: as a sort of cash grant, but she says that 423 00:28:37,760 --> 00:28:40,479 Speaker 1: they require a lot of work and that law firms 424 00:28:40,480 --> 00:28:43,960 Speaker 1: are working. She put it a thousand times harder than 425 00:28:44,000 --> 00:28:47,360 Speaker 1: the general public recognizes. How is the question of the 426 00:28:47,440 --> 00:28:51,560 Speaker 1: outside council council outside North Carolina going to be resolved? 427 00:28:52,640 --> 00:28:54,800 Speaker 1: You know, it's really kind of up in the air 428 00:28:54,880 --> 00:28:57,320 Speaker 1: at this point. I'm not sure if it's an active 429 00:28:57,400 --> 00:29:00,800 Speaker 1: question on any sort of doc it at the moment. 430 00:29:01,200 --> 00:29:05,000 Speaker 1: It's something that I think either the North Carolina Federal 431 00:29:05,000 --> 00:29:07,200 Speaker 1: Court will have to make a decision on as a group, 432 00:29:07,400 --> 00:29:12,520 Speaker 1: or perhaps individual judges might determine how they'll handle their cases. 433 00:29:13,160 --> 00:29:17,600 Speaker 1: If these cases aren't all bundled into one. It's kind 434 00:29:17,600 --> 00:29:21,160 Speaker 1: of a symptom of the fact that a lot of 435 00:29:21,200 --> 00:29:26,040 Speaker 1: the process for how this huge, huge litigation will play 436 00:29:26,040 --> 00:29:31,200 Speaker 1: out sort of remains to be seen, and so the 437 00:29:31,280 --> 00:29:35,160 Speaker 1: question is sort of still open. I don't think a 438 00:29:35,200 --> 00:29:39,360 Speaker 1: lot of people in the legal industry would say it's 439 00:29:39,400 --> 00:29:44,880 Speaker 1: sort of best practice to limit these cases to North 440 00:29:44,920 --> 00:29:52,320 Speaker 1: Carolina attorneys, and even North Carolina lawyers such as normal 441 00:29:52,360 --> 00:29:56,320 Speaker 1: Lisa Wallace, that they're not advocating for such a blanket 442 00:29:56,560 --> 00:30:02,920 Speaker 1: rule against out of state lawyers being allowed exceptions to this. 443 00:30:03,240 --> 00:30:07,640 Speaker 1: So it seems unlikely that that would happen, of course 444 00:30:07,760 --> 00:30:10,480 Speaker 1: I could. But I spoke with one attorney who was, 445 00:30:10,880 --> 00:30:13,560 Speaker 1: you know, considering all this, and they told me, you know, 446 00:30:13,600 --> 00:30:15,880 Speaker 1: if sort of worse comes to worse, we can have 447 00:30:16,160 --> 00:30:19,640 Speaker 1: someone at this firm or this attorney themselves take the 448 00:30:19,640 --> 00:30:24,480 Speaker 1: North Carolina state bars. Speaking from experience, no one wants 449 00:30:24,480 --> 00:30:27,440 Speaker 1: to take a bar exam after they're out of school 450 00:30:27,480 --> 00:30:31,880 Speaker 1: that long. That's what this lawyer said. That maybe wouldn't 451 00:30:31,880 --> 00:30:34,400 Speaker 1: be them who did it, but maybe they can find 452 00:30:34,440 --> 00:30:36,480 Speaker 1: somebody in the firm who at the time or the 453 00:30:36,680 --> 00:30:39,600 Speaker 1: willingness to sit for it. I know you'll be keeping 454 00:30:39,640 --> 00:30:42,840 Speaker 1: track of this issue. Thanks so much, Roy. That's Bloomberg 455 00:30:42,920 --> 00:30:46,280 Speaker 1: Law correspondent Roy Strom, and that's it for this edition 456 00:30:46,280 --> 00:30:48,960 Speaker 1: of the Bloomberg Law Show. Remember you can always get 457 00:30:48,960 --> 00:30:52,120 Speaker 1: the latest legal news on our Bloomberg Law podcast. You 458 00:30:52,160 --> 00:30:56,240 Speaker 1: can find them on Apple Podcasts. Spotify and at www 459 00:30:56,400 --> 00:31:00,640 Speaker 1: dot bloomberg dot com, Slash podcast, Slash Law, and remember 460 00:31:00,680 --> 00:31:03,360 Speaker 1: to tune into The Bloomberg Glass Show every week night 461 00:31:03,440 --> 00:31:06,760 Speaker 1: at ten p m. Wall Street Time. I'm June Grossow, 462 00:31:06,840 --> 00:31:08,440 Speaker 1: and you're listening to Bloomberg