Nike (NKE) has settled its legal battle with the Brooklyn-based MSCHF designer brand for Lil Nas X “Satan Shoes”. In a statement given to Yahoo Finance, Nike further distanced itself from the controversial shoe, and MSCHF in 2019 created “Jesus Shoes”, using Nikes as a basis.
In both cases, the statement said: “MSCHF changed these shoes without Nike’s permission. Nike has nothing to do with Satan shoes or Jesus shoes.”[[[[Read more: Expert: Why Nike has a “relatively good chance” of winning the case against Lil Nas X̵
As part of the agreement, Nike asked MSCHF to initiate a voluntary seizure to repurchase all Satan and Jesus Shoes shoes for their original retail prices to remove them from circulation.
The statement also reads: “If a buyer has been confused or otherwise wants to return his shoes, he can do so for a full refund. Buyers who choose not to return their shoes and later encounter a product problem, defect, or health condition should contact MSCHF, not Nike. The parties are pleased to leave this dispute behind. “
Nike told Yahoo Finance that both sides are pleased to leave the dispute behind. However, the sportswear giant did not reveal more details about the village.
In an email to Yahoo Finance, David H. Bernstein of Debevoise & Plimpton, an MSCHF lawyer, said the agreement was “the best way to resolve [MSCHF] to put this claim behind him so that he could devote his time to new artistic and expressive projects “and noted that the brand” has already achieved its artistic goal “.
Bernstein writes, “With these Satan shoes – which sold out in less than a minute – MSCHF intended to comment on the absurdity of the culture of cooperation practiced by some brands and the perniciousness of intolerance. The 666 shoes (665 of which had already been sold and sent to collectors before last week’s interim measures hearing) were works of art with individual numbers that will continue to represent the ideals of equality and inclusion wherever they are displayed. “
In an ironic twist, Nike can be seen in a court battle with the US Postal Service over the shoe offered by the USPS – Nike Air Force 1 USPS.
Editor’s note: This story has been updated with comments from Debevoise & Plimpton.
Reggie Wade is a writer at Yahoo Finance. Follow him on Twitter @ReggieWade.