Baller Alert It's a lifestyle!
Daughter of the late comic book writer and producer #StanLee has been sanctioned in a lawsuit brought by J.C. Lee.
According to The Hollywood Reporter, the Judge over the case has thrown out the suit due to the fact that her claims have been a “controversy handled at least five times before.”
“Stan Lee, a superhero in his own right, served to inspire the everyday hero. The Court urges parties to treat his legacy with respect and cease engaging in meritless litigation,” U.S. District Court Judge Otis Wright concluded as he dismisses the suit on Thursday.
J.C. Lee filed the lawsuit with hopes of reclaimed her iconic father’s intellectual property, the outlet reports.
J.C.’s complaint focused on Stan’s life in the mid-90s when dot com began to take off, he began a production and marketing company and assigned intellectual property.
However, several years later, Stan Lee Media Inc. (SLMI) filed bankruptcy causing Lee to head to POW! Entertainment, eventually reuniting with Marvel.
J.C. suggests that the “turn-of-the-century” dealmaking was, in other words, indistinct and shady. She claims that assets were taken wrongly from SLMI and that POW! Entertainment would take advantage of Stan during his golden years.
However, Judge Wright insists the courts have “already reached a conclusion” when it comes to invalidity, and proper termination of contracts, as seen in Stan Lee’s assigning rights to SLMI has been contested repeatedly, the outlet continued.
“The Court finds it completely unreasonable to file a suit premised on an issue debated and analyzed in more than five federal district courts over the last decade,” the court states.
J.C. and her attorney have been ordered to pay a fine by Judge Wright.
“We feel vindicated by the Court’s decision today,” POW! Entertainment President Gill Champion said regarding the courts ruling. “We are happy to finally put this ugly litigation behind us and move on to preserving the legacy of this great man and developing the large inventory of intellectual property he left behind. POW!’s commitment to honor and preserve Stan Lee’s legacy has not and will not waver.”
