USA

'Fearless Girl' challenged: Wall St bull sculptor claims new statue infringes copyright

'Fearless Girl' challenged: Wall St bull sculptor claims new statue infringes copyright

Specifically, from the man who created her arch enemy, the Bull, who is accusing NYC of violating his legal rights by allowing the Fearless Girl to be installed without his permission. Siegel said they were hoping the parties involved could "amicably resolve" any issues, but they would not rule out filing a lawsuit if necessary.

76-year-old Arturo Di Modica created the iconic bull in 1987 to celebrate America's resilience following the stock market crash of 1986.

In any case, Di Modica isn't happy about the pint-size challenger to his original work.

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Visbal's statue has garnered attention around the globe via social media, as visitors often take pictures with the girl. This amounted to commercial use of "Charging Bull", Siegel said, in violation of Di Modica's trademark rights. "She is there attacking the bull", he said.

"It's negative", Arturo Di Modica said of the girl's juxtaposition to the popular bull statue.

Di Modica has been accused online of apparent sexism for his protestation of the statue, with the city's mayor leading the charge.

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But Siegel argues the statue is a publicity stunt and cites the removal of a plaque at the statue's base, which referred to an exchange trade fund "SHE", as an admission "Fearless Girl" had an ulterior motive.

McCann Worldgroup made the comment on Wednesday after the bull's sculptor said the girl statue violated his legal rights and he wants it removed. During the new conference held Wednesday by Modica and his lawyer, Norman Siegel, the "Charging Bull" sculptor contended that "Fearless Girl's" presence was corrupting the artistic integrity of his work, not to mention stealing its spotlight. However he said they had requested to see documents showing what procedures were followed in the approval of 'Fearless Girl'.

The statue at the heart of the dispute went up last month in celebration of International Women's Day, and though MarketWatch notes its temporary permit originally lasted only until April 2, the city renewed that permit through 2018. Arturo Di Modica holds a model of his Charging Bull sculpture during a news conference Wednesday, April 12, 2017, in NY.

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What's more, the irony of the initial circumstances of Di Modica's own sculpture is not lost on us. State Street Global Advisors, the world's third-largest asset manager, installed the statue on Tuesday morning as part of a campaign to pressure companies to add more women to their boards.


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