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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 7:42 pm 
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#NeverThor

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In a court case guaranteed to make you go huh?!

http://www.hollywoodreporter.com/blogs/ ... lee-100268

Stan Lee Media vs. Stan Lee: Lawsuit Back On, This Time For Real (Exclusive)

Just when the legal rumbling over Stan Lee's decision nearly a decade ago to leave Stan Lee Media Inc. for Marvel Entertainment seemed over, the dispute has been given new life. California federal judge Stephen Wilson is allowing the authorities now controlling SLMI to pursue a lawsuit against Lee for improperly transferring the intellectual property rights to many legendary comic book characters including Spider-Man, the Incredible Hulk, X-Men, Iron Man, The Fantastic Four, Thor, and more.

On Monday, with Judge Wilson's blessing, the plaintiff filed a new consolidated complaint that alleges that Lee assigned rights to these characters to SLMI in 1998 and then colluded to divert assets to his other companies, QED Productions and Pow! Entertainment, before they eventually wound up in Marvel's hands as the result of a settlement.

The battle over Lee's transfer of assets has thus far sparked numerous fights in both civil court and bankruptcy court, in California, Colorado and New York. Earlier this month, a New York judge dismissed an attempt by SLMI parties to intervene in an old $1 billion lawsuit brought by Lee against Marvel. The dispute looked done. It's not. What's different now?

Most of the prior litigation was spurred by aggrieved shareholders who had difficulty convincing judges they had proper standing to make claims.

But in October the Colorado Supreme Court denied Lee's objections and approved the election of a new SLMI board of directors. Having gotten their house in order, SLMI hired new counsel, who petitioned Judge Wilson to lift his stay on proceedings there and allow final resolution of this long, confusing dispute. Stan Lee submitted his own motion to continue the stay, but it was denied on January 24th. The plaintiff has now just submitted a new consolidated 26-page complaint with numerous exhibits in one last major showdown with its former leader.

Marvel, and is corporate parent Disney, are not named defendants in the lawsuit.

SLMI is seeking unspecified punitive or exemplary damages, a declaration of SLMI's rights, and an injunction against further infringement.

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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 7:56 pm 
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Friendly, Furry, Ellipsoidal

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Bannings: Bannings? We don't need no stinkin' bannings!
Nothing lawyers try to do would surprise me.

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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 7:59 pm 
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It scorched

Joined: 28 May 2006
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Bannings: One too few . . .
Yeah, that's one of the problems with just going "I think Stan created these characters, so he should have ownership over the big evil Marvel corporation."

Then will you honor and enforce the agreements of those upon whom Stan conferred rights?

The cycle never ends -- in order for intellectual property to have value, the owner or creator has to be able to confer those rights for money, and the court then needs to enforce those rights. You can't just go "well Stan deserves a piece of the action now that Spider-man hit big." If he exchanged those rights for value, the new holders stand in his shoes.

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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 8:04 pm 
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Friendly, Furry, Ellipsoidal

Joined: 12 Apr 2008
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Bannings: Bannings? We don't need no stinkin' bannings!
I think a Stan will lose.

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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 8:40 pm 
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Ancient Alien Theorist

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I like Stan Lee.


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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 9:23 pm 
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Pure Evil Gold!!

Joined: 26 Jul 2006
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Nobody doesn't like Stan Lee

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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 9:33 pm 
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Mr. IMWANKO

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 Post subject: Stan Lee Sues Self
PostPosted: Wed Feb 16, 2011 11:56 pm 
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Bigger and Better!

Joined: 01 Jan 2007
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"The Stan that serves as his own Stan in court has a Stan for his Stan and a Stan for his Stan."

- Perry Mason, 1964


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 Post subject: Stan Lee Sues Self
PostPosted: Thu Feb 17, 2011 12:06 am 
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What do you call a camel with three humps?

Joined: 21 Oct 2004
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Beachy wrote:
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I think Roger Stern said that he edited a reprint of that in Marvel's Greatest Heroes or something and corrected it the second time around. :)


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 Post subject: Stan Lee Sues Self
PostPosted: Thu Feb 17, 2011 1:59 am 
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Dendritic Oscillating Ontological Tesseract

Joined: 25 Oct 2007
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If Stans are outlawed, only outlaws will be Stan.


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 Post subject: Stan Lee Sues Self
PostPosted: Thu Feb 17, 2011 10:54 am 
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Lord of Houngon Manor

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I think it's about time for "sTan" to reappear and offer his observations on "Stan vs. Stan" in that way that only "stAn" can.

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 Post subject: Stan Lee Sues Self
PostPosted: Mon Feb 21, 2011 11:31 pm 
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Emperor of Earth 65

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IAWTP,
because I'm the biggest stan fan, man.


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