Jeff Koons Drops Intellectual Property Suit Over 'Balloon Dog' Bookends

After several months of ridicule by the press and you esteemed members of the internet, Jeff Koons‘ lawyers have backed down and dropped the intellectual property complaints they’d filed back in December against both the San Francisco-based store/gallery Park Life and Canadian manufacturer Imm-Living. To recap, the issue began back in December, when both parties received cease-and-desist letters, telling them to stop making and selling bookends in the shape of a balloon animal dog. Koons’ lawyers argued that the product was much too close to the artist’s famous piece, “Balloon Dog,” a large, shiny, metallic sculpture that has appeared in museums and galleries around the world.