Joshua Paul, a lawyer for The Andy Warhol Foundation, declined to comment.

BBC: Velvet Underground lose Andy Warhol copyright claim

The group accused The Andy Warhol Foundation of copyright infringement, saying it illegally licensed the famous banana logo for use on other products.

BBC: Velvet Underground lose Andy Warhol copyright claim

The soup can project is under license from The Andy Warhol Foundation, which at his request, is dedicated to the advancement of the visual arts.

FORBES: A Warhol for $0.75

The auction was the first in a series of live and online auctions to raise money for the Andy Warhol Foundation for the Visual Arts in New York.

BBC: Andy Warhol works fetch $17m at New York auction