While the company abandoned by comic book genius Stan Lee has proven that decision after decision won't deter it from attempts to vindicate rights to iconic superheroes like Fantastic Four, X-Men and Spider-Man, Tuesday's ruling against SLM from the 10th Circuit Court of Appeals feels like the final nail in the coffin barring any unexpected intervention from the U.S. Supreme Court.
SLM has been on a litigation rampage for the past few years over assets it believes were improperly raided in bankruptcy more than a decade ago, but a phalanx of judges have now ruled that the company and its shareholders are collaterally estopped from making arguments previously adjudicated.
SLM has been on a litigation rampage for the past few years over assets it believes were improperly raided in bankruptcy more than a decade ago, but a phalanx of judges have now ruled that the company and its shareholders are collaterally estopped from making arguments previously adjudicated.