Litigation Funder May Have to Reimburse Spiderman's Attorneys' Fees | Practical Law
The US District Court for the District of Colorado, in Stan Lee Media, Inc. v. The Walt Disney Co., enforced a subpoena issued to the litigation funder of Stan Lee Media Inc., a shell company, as part of Disney's effort to collect attorneys' fees awarded against the shell company that unsuccessfully claimed that it owns the rights to Spiderman and other superheroes created by Disney's Marvel Comics. This case highlights additional risks to litigation funders who support litigation of dubious merit.