Marvel Comics and World Wrestling Entertainment are at it again, this time by a request of WWE, as the company wants the comic book publisher to cover $1.25 million in legal feels based on a previous court showdown between the two from 2001, over rights of WCW action figures.
Marvel had the legal rights to produce WCW action figures up until 2001, when WWE bought out the company, and eventually put it on the shelf following the InVasion/Alliance storyline. Marvel immediately then filed a suit against WWE, as well as Universal Wrestling Corporation, which owns the rights to some WCW assets, including the former contracts of Sting and Goldberg that WWE didn't buy out. Afte two years, WWE was victorious in court, as in July 2003 their argument that they had no contractual obligation with Marvel was approved of. Marvel then followed with an appeal, which they lost, and have noted that are no longer available to file another appeal due to "lack of time."
It wasn't the last time WWE and Marvel locked horns in the courtroom, as last year, the two companies went at it over the copyrights of the Hulk Hogan name. The case was nullified when Hogan bought out the rights from Marvel himself, and now WWE has to license the name off of Hogan himself.
For more on the story of WWE's suit, you can read an article at Law.com by clicking HERE.
Source: PWInsider.com
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