Disney Slams $5.5 Billion Marvel Lawsuit "Flawed Beyond Cure"
Back in early October word surfaced that Stan Lee's former company, SLMI, was suing Disney for the rights to the Marvel characters and $5.5 billion.
In a nutshell, SLMI said that Stan Lee had handed over the rights to them, and not Marvel, so Disney has no right to be using them.
Well, SLMI is not only seeking damages in the billions, but full control over the Marvel characters, which include the Avengers' Hulk, Fantastic Four, Spider-Man, X-Men and many others.
Of course Disney is not sitting down taking the lawsuit lightly, as they noted SLMI has tried similar suits many times before, all which have been quashed and describe the lawsuit as "flawed beyond cure."
In addition, Disney slams the lawsuit as being frivolous and asks the court to dismiss the case.
"There is no conceivable basis on which Plaintiff can state a viable copyright claim against TWDC in this Court, or for that matter, any other,” the Disney motion says, reports Deadline. “In sum, against the backdrop of Plaintiff’s six prior unsuccessful litigations on this topic, express judicial displeasure with Plaintiff clogging the courts with a repeated invocation of rights it does not possess, and the fact that TWDC conducts no business activities other than those of a holding company, this lawsuit is completely frivolous and should be dismissed."