- 52 - 1988 1989 Futureprom N.V. $ 786,085 $1,678,138 Lince N.V. 1,172,763 3,735,209 Manver International, C.V. (MICV), and Manver Global, B.V., were incorporated in 1990. Santandreu and Onate were members of MICV’s Executive Committee. Lince and Futureprom each owned 48.5 percent of MICV stock. A document dated October 17, 1990, purported to transfer from Manver to MICV: all world wide rights to the intellectual property and franchising rights with respect to the idea, concept and Operating Manuals concerning a Dinner and Tournament Show Restaurant in medieval style and/or villa’s Medieval style under the names “Medieval Times” and/or “Medieval Life”, and all related rights including but not limited to trademarks, tradenames, copyrights, goodwill, licenses and physical ownership of documents embodying any right of intellectual property and franchising rights etc., hereinafter referred to as “The Intellectual Property” * * * In consideration of the sale, MICV agreed to pay to Manver $64.1 million by “way of two promissory notes which will be issued upon signature of this agreement.” The document was signed by Onate for Manver and by Santandreu for MICV. Subsequently, a 1990 financial statement for MICV reflected a $64.1-million note payable. In 1991, the $64.1 million was reflected as capital stock. VI. Trademarks and Copyrights In December 1982, Castro filed an application for a post office box in Kissimmee, Florida, in the name of Medieval Times. The name Medieval Times had not been used previously in thePage: Previous 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 Next
Last modified: May 25, 2011