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Battle heats up over iconic Wall Street statues

'Fearless Girl' has proved a major hit with locals and tourists
'Fearless Girl' has proved a major hit with locals and tourists

A battle is heating up between two iconic New York statues, the legendary 'Charging Bull' and new kid on the block 'Fearless Girl', with gender equality, artistic integrity and copyright issues at stake.

The Italian-American artist who created 'Charging Bull', which has stood south of Wall Street for nearly 30 years, alleged that 'Fearless Girl' breached his copyright, distorted his artistic message and should be moved elsewhere.

"It's really bad," Arturo Di Modica, 76, told reporters. "She's there attacking the bull," he added.

The Italian-born sculptor installed his bronze in December 1989, as a celebration of the can-do spirit in the US to counter the 1987 Wall Street market crash.

But for a month it has been overshadowed, at least in part by the bronze 'Fearless Girl' crafted by US artist Kristen Visbal and installed in March, hands on hips and chin jutting out, directly challenging the bull.

Erected initially for a week and commissioned by a Boston-based investment company to create awareness of the need for greater gender diversity on company boards, the Girl statue became an overnight sensation.

It is now considered a defiant symbol of women's rights.

New York Mayor Bill de Blasio has since announced the bronze girl statue will remain in place until at least March next year.

But Mr Di Modica's lawyers say it has transformed the bull "into a negative force and a threat" and turned his career triumph into a derivative work without permission.

"Very simply we request respectfully that the 'Fearless Girl' statue be removed," said lawyer Norman Siegel, calling for damages to be awarded for the "violation" of his client's statutory rights.

'Fearless Girl', he suggested, could be relocated outside any number of New York firms with poor records on gender equality, or indeed in any other US city.

"None of us here today are in any way not proponents of gender equality but there are issues of copyright and trademark," he said.

Mr Siegel urged the New York mayor and those who commissioned the Girl to come together to find an amicable solution, warning that without talks he would face "the hard decision" of whether to litigate.

But the mayor appears ill-disposed towards a compromise.

"Men who don't like women taking up space are exactly why we need the Fearless Girl," he tweeted yesterday.

The firm that commissioned the statue said it was "grateful" to those "who have responded so enthusiastically" to its message of "the power and potential of having more women in leadership".

But Mr Di Modica's lawyers said the firm was using public property for free commercial advertising and questioned whether the city should have granted the permit.

The sculptor himself initially dropped the 'Charging Bull' outside the New York Stock Exchange without permission. It was later granted a permit and relocated.