An Elder Abuse Lawsuit Involving Stan Lee’s Estate and Former Attorney Dismissed
An elder abuse lawsuit concerning the late Stan Lee’s estate and his former attorney has been thrown out by the court. The lawsuit alleged that Lee’s ex-business manager, Jerardo Olivarez, drained his accounts of $1.4 million. Uri Litvak, an attorney for Lee, was later added to the suit. However, it was recently determined that the statute of limitations had expired for Litvak’s alleged crime.
Litvak became associated with Lee after being recommended by Olivarez, who insisted on him acting as Lee’s attorney for business matters. According to court documents, Lee suffered financial losses due to the actions of both Olivarez and Litvak.
Following Lee’s passing, his daughter, Joan Lee, continued the legal proceedings as the trustee of his estate. However, the court ruled in favor of Litvak, stating that the statute of limitations to sue him had expired by just five days after an arbitrator’s decision in February.
Lee’s daughter argued that Litvak’s representation of her father extended beyond the period specified in the lawsuit, which would have halted the statute of limitations. However, the court found that a letter from Lee dated December 13, 2017, clearly indicated that Litvak’s services were terminated.
The recent rulings mark the end of the legal battles surrounding Lee’s estate prior to his death in 2018. Lee had a strained relationship with his daughter in 2018 due to allegations of elder abuse made against her. However, he eventually sided with her, and the comic book icon’s legacy is now settled.
Stan Lee, the legendary creator of Marvel superheroes, passed away in November 2018. Throughout his career in the comic book industry, which began in 1939, Lee was responsible for iconic characters such as Iron Man, Hulk, Spider-Man, and Thor. He also faced various health issues, including pneumonia and vision complications. In addition, Lee’s wife of almost 70 years, Joan Lee, passed away in 2017 at the age of 93.
Stephanie Giang-Paunon is an Entertainment Writer for Fox News Digital. For story tips or inquiries, please contact her at [email protected] or on Twitter: @SGiangPaunon.
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