A lengthy breach of contract and trademark infringement dispute that had pitted investment manager State Street Global Advisors against the artist behind New York City’s well-known “Fearless Girl” bronze sculpture saw resolution this past weekend. The parties reached a settlement Saturday evening, ahead of a scheduled jury trial. The dispute marks another significant event in the history of the iconic bronze creation.
The statue, depicting a determined young girl, has stood in Manhattan’s Financial District since International Women’s Day of 2017, and quickly became a powerful symbol, capturing the world’s attention and making a global statement about gender diversity in the corporate world.
The factors that led to the dispute and the exact nature of the settlement between State Street Global Advisors and the artist remain undisclosed. Yet, it is evident that the resolution eliminates the need for what may have been an extensively long jury trial.
For more detailed insights into the nature of the dispute, legal professionals may wish to refer to Law360’s report.