A messy legal battle initiated by Stan Lee’s estate involving accusations of exploitation and elder abuse by the comic book legend’s inner circle has concluded, with an arbitrator siding with Lee’s former attorney that the lawsuit against him was brought too late.
The five-year legal saga was sparked by The Hollywood Reporter’s investigation into Lee’s estate, which chronicled allegations that people introduced into his life by his daughter, J.C., stole millions of dollars from him. This included Jerardo Olivarez, Lee’s ex-business manager who was given power of attorney. Olivarez allegedly insisted that Lee retain Uri Litvak as his attorney for business dealings, but he didn’t disclose a conflict of interest stemming from Litvak representing him in personal matters. A year after Olivarez was sued, Lee also named Litvak in the lawsuit calling the pair “unscrupulous businessmen, sycophants and opportunists” seeking to take advantage of him following the death of his wife.
A procedural defect in the lawsuit, however, led to Los Angeles Superior Court Judge Mark Epstein on Tuesday entering judgment in favor of Litvak after an arbitrator found in February that the statute of limitations to sue him had expired. Lee had a one-year window starting on April 12, 2018, when the complaint against Olivarez was filed, to also name Litvak in the lawsuit. Litvak was sued on April 18, 2018, five days past the maximum allowable time to initiate legal proceedings.
Read the source article at The Hollywood Reporter