District Court, D. Delaware April 10, 2001, CIV. A. 97-645 RRM (LaSalle National Bank v. Perelman)

OPINION

McKELVIE, District Judge.

This is a commercial case. In 1993 and 1994, Marvel Holdings Inc. (“Holdings”), Marvel (Parent) Holdings Inc. (“Parent”) and Marvel III Holdings Inc. (“Marvel III”) (collectively, the “Marvel Holding Companies”) issued a series of notes secured by stock of their subsidiary, Marvel Entertainment Group, Inc. (“Marvel”).