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Stan Lee Media Loses Lawsuit for CONAN THE BARBARIAN Rights |
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Tuesday, 14 February 2012 08:55 |
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A federal court has dimissed Stan Lee Media Inc.'s case to reclaim the rights to Conan the Barbarian. The company held the rights before it went bankrupt in early 2001. SLMI is not connected to Stan Lee and is in fact suing the Generalissimo. The company has been fighting since it emerged from bankruptcy in 2006 to regain some money and property rights. It has waged numerous court cases for improper transfer of intellectual property rights.
In the Conana suit filed in August as the movie hit theaters, the company stated that when Conan Sales Co. bought back the rights in 2002 shareholders weren't properly notified and Stan Lee Media's interest weren't represented. They also claim that Stan Lee's attorney committed fraud and failed to report a conflict of interest.
It was reported by Hollywood Esq. that U.S. District Judge Stephen Wilson wasn't buying it. Judge Wilson threw the case out.
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