- 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 the
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