Goofy & Spidey, together at last
Published: Sep 01, 2009
Yesterday, in a deal that ‘redraws the architecture of Hollywood,’ Walt Disney announced it was buying Marvel Entertainment (Spider Man, The Incredible Hulk, etc.) in a $4 billion cash and stock deal. Dewey & LeBoeuf served as chief M&A counsel for Disney, while Paul Hastings took a lead role for Marvel . According to The American Lawyer, “Paul Hastings partner Carl Sanchez says he and a team of 20 firm lawyers have been working on the deal nonstop for two weeks. Disney and Marvel started discussing a possible merger in late June […] Sanchez especially credited a Paul Hastings IP team ... for going through the IP documents for every one of the 5,000 Marvel characters to determine the transferability of rights to Disney.”
-posted by brian