The judge who successfully guided the notoriously difficultMarvel Entertainment case through the hazards of a bitter, litigiousreorganization may have crashed and burned in an opinion that grantsthe court-appointed trustee less than 20 percent of his requested feeof $2.1 million.
While U.S. District Judge Roderick McKelvie’s opinion grantsTrustee John Gibbons $352,000 in fees, the decision has no effect onthe Marvel reorganization, which was finalized in July 1998, more than18 months after the comic-book publisher filed for Chapter 11protection. Still, as one of the final products of a convoluted,contentious reorganization, the scorched-earth opinion summarizes andsymbolizes the ill-feelings created by the case.
