and then writes an article for Publisher's Weekly, including an interview with the Siegels' lawyer:
http://www.publishersweekly.com/article/CA6323787.htmlContacted by PWCW, the Siegels' attorney, Marc Toberoff, gave his own take on why the copyright termination clause was included. Toberoff says that the clause was not added to wreak havoc on the publishing world, but to protect authors. Fifty-six years is a long time, says Toberoff, and in order to clear all the hurdles necessary for a copyright grant termination to take effect, there has to be a lot of money at stake to survive the economic war of attrition that the legal battle will cause. Toberoff said the Siegel decision could be significant—with more creations coming up for copyright renewal, publishers may try to sweeten the pot to keep authors or their heirs from filing.
and more about Infinite Crisis:
But it doesn't end there. On February 2, 1998, Siegel and Larson filed a termination of grant for Superman "and 2,607 other titles," which would have taken effect on April 16, 1999. Joe Shuster had no children, but his nephew and executor, Mark Peary, also filed for termination of grant, which would take effect on October 26, 2013. DC had argued in the past that because the Siegels did not own more than 50% of Superman, the termination was not valid, but it is speculated that this is the subject of ongoing negotiations.
While the legal battles go on behind the scenes, real-world repercussions are already being felt. Perhaps expecting the court decision to go against Time Warner, DC recently killed off several versions of Superboy in its Infinite Crisis miniseries.
For Joanne Siegel—who was the model for Lois Lane—and Laura Siegel Larson, the March 23 decision provides some vindication after a very long battle. Or as one legal observer put it, "It's the first good news they've had in 50 years."