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Judge Overturns adidas Court Ruling on Freezing $75 Million USD Held by the YEEZY brand

It looks as if Ye might have been right about a freeze on his bank accounts. Newly-unsealed court records have confirmed that adidas previously filed a court order to freeze $75 million USD held by the YEEZY brand.However, last Friday, Judge Valerie E. Caproni who lifted the previous court order that allowed the freezing of the three-quarters of a $100 million USD in the bank accounts of the YEEZY brand. According to Billboard, the judge claimed that adidas did not “confirm” against YEEZY in court, which is required by law in the state of New York. The judge said that adidas did not give YEEZY a fair chance to challenge the freeze. The overturned decision relates to an adidas vs. YEEZY case that was filed against Ye’s brand back in November. Adidas reportedly filed for the motion to freeze $75 million USD of assets because the company wanted to make sure the money remains safe and untouched in its high-profile separation. The judge has since granted adidas’ “attachment” order on an ex parte basis. This meant that the asset freeze was granted without giving YEEZY a chance to rebuttal with the claim that there was “a risk that YEEZY will remove or dissipate assets.” However, the judge has now overturned the order and has filed to make the records public. The judge has claimed that “adidas’ failure to file a motion to confirm nullifies the attachment order,” leading to the the assets to be unfrozen. Stay tuned for more as this story unfolds.In other footwear news, the Nike Air Max Terrascape 97 lands in “Sail/Black” for summer 2023.

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Official Look at the Nike LeBron 20 “Laser Orange”

Despite LeBron James’ performance this NBA season, the King’s signature basketball shoes remain some of the most popular silhouettes available. The Nike LeBron 20 expands its lineup with a vivid option for Summer 2023.The titular basketball shoe comes dressed in a laser orange, racer blue, hyper pink and white color scheme, just in time for the start of the summer season. This particular silhouette comes dressed in multi-colored knitting across the entire upper, mostly highlighted by laser orange. The shoe’s double-stacked leather Swooshes are highlighted on the lateral in hyper pink and racer blue. On the inner side, the Swoosh is detailed in black while the stitching is accented in pink. Other details include the special “XX” lace dubraes and insole branding. The “LBJ” branding is seen on the heel as a tag for an added highlight. The shoe sits atop a white midsole and a soft pink rubber outsole to round out the design.Look out for the vibrant rendition of the Nike LeBron 20 in “Laser Orange” arriving on June 8 at select retailers and online at Nike for $200 USD.In case you missed it, the Nike Air More Uptempo “Coconut Milk/Navy” has been revealed.

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Air Jordan 2 “Wings” Honors Jordan Brand VP Howard “H” White

Jordan Brand continues to expand its classic high-top offerings, this time releasing a the Air Jordan 2 as a part of the Jordan Wings Program for the Summer 2023 season. The shoe is set to be released in the honor of Jordan Brand Vice President for Nike Inc. and founder of the national Nike youth movement, Believe To Achieve’s own Howard “H” White. In the most recent film AIR, White was portrayed by Chris Tucker, who was credited to for playing a huge role in bringing Michael Jordan to Nike. The shoe comes dressed in a white, malachite and black color scheme. This pair of Jordan Brand high-tops is constructed in its typical white leather upper makeup, this time featuring side panels that are reminiscent of a pair of wings that are covered in feather print. Other notable details include Black laces as well as an inner lining and a midsole that features green contrasting accents. To tie it altogether, the shoe sits a top a translucent heel. The shoe also comes with an extra set of laces with the words “Power” and “Belief” printed on the tips and as a nod to White, an “H” is seen on the heels and insoles.The Air Jordan 2 “Wings” land in select Jordan Brand retailers and online at Nike for $210 USD on June 10.In other footwear news, take an official look at the Nike Air Penny 2 “Panda.”

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