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Court Dismisses Suit By Shareholders of Stan Lee Media
By Alison Frankel
If the litigation over rights to the superheroes Stan Lee created at Marvel Entertainment were a comic book, Marvel counsel David Fleischer ' of Paul, Hastings, Janofsky & Walker until moving to the New York office of Haynes and Boone in April 2010 ' would be wearing tights and a cape. Fleischer recently swatted away a derivative suit that claimed the legendary artist signed over rights to his Marvel characters to a company called Stan Lee Media Inc. In an emphatic 13-page ruling, Manhattan federal district court judge Paul Crotty found that the plaintiffs lacked standing, filed claims that fell outside of the statute of limitations and failed adequately to plead other allegations. Abadin v. Marvel Entertainment, 09 Civ. 0715.
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