127-663: Joseph Quesada ( / k ə ˈ s ɑː d ə / ; born January 12, 1962) is an American comic book artist, writer, editor, and television producer. He became known in the 1990s for his work on various Valiant Comics books, such as Ninjak and Solar, Man of the Atom . He later worked on numerous books for DC Comics and Marvel Comics , such as Batman: Sword of Azrael and X-Factor , before forming his own company, Event Comics , where he published his creator-owned character, Ash . In 1998 he became an editor of Marvel Comics' Marvel Knights line, before becoming editor-in-chief of
254-563: A Daredevil story written by film director Kevin Smith . Two and a half years after starting Marvel Knights, Joe Quesada became editor-in-chief of Marvel Comics in 2000, following Bob Harras 's departure from the company. At the same time, Bill Jemas succeeded to the presidency of the company. The relationship culminated in the establishment of the Ultimate line of Marvel titles, which were aimed at new readers and took place outside of
381-675: A tabloid form. Underground comics and "small press" titles have also appeared in the UK, notably Oz and Escape Magazine . The content of Action , another title aimed at children and launched in the mid-1970s, became the subject of discussion in the House of Commons . Although on a smaller scale than similar investigations in the US, such concerns led to a moderation of content published within British comics. Such moderation never became formalized to
508-403: A valuation of the reorganized business. Bankruptcy valuation is often highly contentious because it is both subjective and important to case outcomes. The methods of valuation used in bankruptcy have changed over time, generally tracking methods used in investment banking, Delaware corporate law, and corporate and academic finance, but with a significant time lag. Chapter 11 retains many of
635-636: A black artist or writer allowed in a major comics company." Asian characters within comic books encountered similar prejudiced treatment as black characters did. They were subjected to dehumanizing depictions, with narratives often portraying them as "incompetent and subhuman." In a 1944 edition of the publication United States Marines , there was a story titled The Smell of the Monkeymen . This narrative portrayed Japanese soldiers as brutish simians, and it depicted their concealed positions being betrayed by their repugnant body odor. Chinese characters received
762-473: A company named Comics Guaranty (CGC) initiated the practice of "slabbing" comics, which involves encasing them within thick plastic cases and assigning them a numerical grade. This approach inspired the emergence of Comic Book Certification Service . Given the significance of condition in determining the value of rare comics, the concept of grading by an impartial company, one that does not engage in buying or selling comics, seemed promising. Nevertheless, there
889-458: A famous example of the British comic annual. DC Thomson also repackages The Broons and Oor Wullie strips in softcover A4-size books for the holiday season. On 19 March 2012, the British postal service, the Royal Mail , released a set of stamps depicting British comic book characters and series. The collection featured The Beano , The Dandy , Eagle , The Topper , Roy of
1016-586: A five chapter spy genre tale written by Otto Binder and drawn by Al Carreno. It is readable online in the Digital Comic Museum . The magazine never reached a second issue. In 1950, St. John Publications produced the digest-sized , adult-oriented "picture novel" It Rhymes with Lust , a 128-page digest by pseudonymous writer "Drake Waller" ( Arnold Drake and Leslie Waller ), penciler Matt Baker and inker Ray Osrin , touted as "an original full-length novel" on its cover. "It Rhymes with Lust"
1143-628: A government ran program, the Writers' War Board, became heavily involved in what would be published in comics. "The Writers' War Board used comic books to shape popular perceptions of race and ethnicity..." Not only were they using comic books as a means of recruiting all Americans, they were also using it as propaganda to "[construct] a justification for race-based hatred of America's foreign enemies." The Writers' War Board created comics books that were meant to "[promote] domestic racial harmony". However, "these pro-tolerance narratives struggled to overcome
1270-465: A humorous tone; however, this practice was replaced by featuring stories of all genres, usually not humorous in tone. The largest comic book market is Japan. By 1995, the manga market in Japan was valued at ¥ 586.4 billion ( $ 6–7 billion ), with annual sales of 1.9 billion manga books ( tankōbon volumes and manga magazines ) in Japan, equivalent to 15 issues per person. In 2020
1397-427: A less superior race and cannot believe they bested his men."The Tuskegee Airmen, and images of black aviators appear in just three of the fifty three panels... the pilots of the 99th Squadron have no dialogue and interact with neither Hop Harrigan nor his Nazi captive." During this time, they also used black characters in comic books as a means to invalidate the militant black groups that were fighting for equality within
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#17327941947001524-412: A lifelong passion for the stories within comics, often focusing on specific superheroes and striving to gather a complete collection of a particular series. Comics are assigned sequential numbers, and the initial issue of a long-lasting comic book series tends to be both the scarcest and the most coveted among collectors. The introduction of a new character might occur within an existing title. For instance,
1651-428: A light box to pencil it, sometimes altering elements in the design such as lighting or other details. In Kevin Smith 's 1995 film Mallrats Quesada is credited as an artist for the opening sequence featuring fictional comic books covers. He also appears in the closing scene of Smith's Chasing Amy , alongside frequent collaborator and inker Jimmy Palmiotti , signing comic books at a convention. He later appeared as
1778-543: A loft in the Flatiron District . Quesada is a fan of the New York Mets . Comic book A comic book , comic-magazine or simply ' comic' , is a publication that consists of comics art in the form of sequential juxtaposed panels that represent individual scenes. Panels are often accompanied by descriptive prose and written narrative, usually dialogue contained in word balloons emblematic of
1905-503: A more exclusive capacity, and contracted him and his partners to produce a line of Marvel books dubbed Marvel Knights . As editor of Marvel Knights, Quesada worked on a number of low-profile characters such as Daredevil , Punisher , The Inhumans, and Black Panther , encouraging experimentation and using his contacts in the independent comics world to bring in creators such as David W. Mack , Mike Oeming , Brian Michael Bendis , Garth Ennis , and Steve Dillon . Quesada also illustrated
2032-473: A motion to convert to chapter 7 or appoint a trustee if either of these actions is in the best interest of all creditors. Sometimes a company will liquidate under chapter 11 (perhaps in a 363 sale), in which the pre-existing management may be able to help get a higher price for divisions or other assets than a chapter 7 liquidation would be likely to achieve. Section 362(d) of the Bankruptcy Code allows
2159-415: A number of mechanisms to restructure its business. A debtor in possession can acquire financing and loans on favorable terms by giving new lenders first priority on the business's earnings. The court may also permit the debtor in possession to reject and cancel contracts. Debtors are also protected from other litigation against the business through the imposition of an automatic stay . While the automatic stay
2286-536: A pizza delivery man in Smith's 2001 film Jay and Silent Bob Strike Back . Quesada was one of a number of comics creators that appeared in Once Upon A Time The Super Heroes , a 2002 documentary about the creation and evolution of comic book superheroes. Quesada voices Joe, the owner of the "Q's Cup O' Joe" coffee shop, in the 2017 Spider-Man animated series. The character is modeled after Quesada. Quesada lives with his wife, Nanci and their daughter, Carlie, in
2413-410: A plan during the period of exclusivity. This period allows the debtor 120 days from the date of filing for chapter 11 to propose a plan of reorganization before any other party in interest may propose a plan. If the debtor proposes a plan within the 120-day exclusivity period, a 180-day exclusivity period from the date of filing for chapter 11 is granted in order to allow the debtor to gain confirmation of
2540-479: A price war against competitors — all with the bankruptcy court's approval. Studies on the impact of forestalling the creditors' rights to enforce their security reach different conclusions. Chapter 11 cases dropped by 60% from 1991 to 2003. One 2007 study found this was because businesses were turning to bankruptcy-like proceedings under state law, rather than the federal bankruptcy proceedings, including those under chapter 11. Insolvency proceedings under state law,
2667-492: A public apology for the content of Captain America #602, which had drawn condemnation from national Tea Party leaders, for its depiction of an apparent Tea Party protest, and the black superhero Falcon , reacting to it by saying that he would not be welcomed by a crowd of "angry white folks." Also at issue was the slogans on some of the signs held by the protestors. Quesada stated that future reprints of that story would have
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#17327941947002794-442: A reorganization; a conversion into chapter 7 liquidation, or it is dismissed. In order for a chapter 11 debtor to reorganize, they must file (and the court must confirm) a plan of reorganization. Simply put, the plan is a compromise between the major stakeholders in the case, including, but not limited to the debtor and its creditors. Most chapter 11 cases aim to confirm a plan, but that may not always be possible. Section 1121(b) of
2921-497: A surge of creativity emerged in what became known as underground comix . Published and distributed independently of the established comics industry, most of such comics reflected the youth counterculture and drug culture of the time. Underground comix "reflected and commented on the social divisions and tensions of American society". Many had an uninhibited, often irreverent style; their frank depictions of nudity, sex, profanity, and politics had no parallel outside their precursors,
3048-502: Is also available to read online in the Digital Comic Museum. In 1971, writer-artist Gil Kane and collaborators applied a paperback format to their "comics novel" Blackmark . Will Eisner popularized the term "graphic novel" when he used it on the cover of the paperback edition of his work A Contract with God, and Other Tenement Stories in 1978 and, subsequently, the usage of the term began to increase. In 2017,
3175-458: Is an ongoing debate regarding whether the relatively high cost of this grading service is justified and whether it serves the interests of collectors or mainly caters to speculators seeking rapid profits, akin to trading in stocks or fine art. Comic grading has played a role in establishing standards for valuation, which online price guides such as GoCollect and GPAnalysis utilize to provide real-time market value information. Collectors also seek out
3302-662: Is generally considered the beginning of the modern comic book as it is known today. The Silver Age of Comic Books is generally considered to date from the first successful revival of the then-dormant superhero form, with the debut of the Flash in Showcase #4 (Oct. 1956). The Silver Age lasted through the late 1960s or early 1970s, during which time Marvel Comics revolutionized the medium with such naturalistic superheroes as Stan Lee and Jack Kirby 's Fantastic Four and Lee and Steve Ditko 's Spider-Man . The demarcation between
3429-417: Is in place, creditors are stayed from any collection attempts or activities against the debtor in possession, and most litigation against the debtor is stayed, or put on hold, until it can be resolved in bankruptcy court, or resumed in its original venue. An example of proceedings that are not necessarily stayed automatically are family law proceedings against a spouse or parent. Further, creditors may file with
3556-625: Is largely set in Britain and starring the magician John Constantine , paved the way for British writers such as Jamie Delano . The English musician Peter Gabriel issued in 2000 The Story of OVO which was released in a CD-booklet-shaped comic book as part of the CD edition with the title " OVO The Millennium Show ". The 2000 Millennium Dome Show based on it. At Christmas, publishers repackage and commission material for comic annuals , printed and bound as hardcover A4 -size books; "Rupert" supplies
3683-484: Is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. When a business is unable to service its debt or pay its creditors , the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7,
3810-408: Is severable. The trustee or debtor-in-possession normally assumes a contract or lease if it is needed to operate the reorganized business or if it can be assigned or sold at a profit. The trustee or debtor-in-possession normally rejects a contract or lease to transform damage claims arising from the nonperformance of those obligations into a prepetition claim. In some situations, rejection can also limit
3937-444: Is treated as a contested matter under Bankruptcy Rule 9014. A party seeking relief from the automatic stay must also pay the filing fee required by 28 U.S.C.A. § 1930(b). In the new millennium, airlines have fallen under intense scrutiny for what many see as abusing Chapter 11 bankruptcy as a tool for escaping labor contracts, usually 30–35% of an airline's operating cost. Every major US airline has filed for Chapter 11 since 2002. In
Joe Quesada - Misplaced Pages Continue
4064-597: Is used in South Korea to refer to both comics and cartooning in general. Outside South Korea, the term usually refers to comics originally published in the country. Manhwa is greatly influenced by Japanese Manga comics though it differs from manga and manhua with its own distinct features. Webtoons have become popular in South Korea as a new way to read comics. Thanks in part to different censorship rules, color and unique visual effects, and optimization for easier reading on smartphones and computers. More manhwa have made
4191-512: The MC2 title Spider-Girl for continuing to provide fans with a stable marriage and an expanded family, although that title was later canceled and relaunched multiple times, eventually being cancelled for good in 2010. In June 2009 Quesada began writing a weekly column for Comic Book Resources called "Cup O' Joe", in which he answers questions every Friday from readers or provides information on Marvel projects. On February 10, 2010, Quesada issued
4318-483: The School of Visual Arts , from which he graduated with a BFA in 1984. Though he had drifted away from comics, having come to think of them as a child's medium, his interest in them was renewed at age 25 when a friend who learned of his interest in art showed him Frank Miller 's The Dark Knight Returns . Quesada's comics career began in 1990 when he was hired by DC Comics on the basis of his 12-page portfolio, which
4445-586: The archetype of the superhero . According to historian Michael A. Amundson , appealing comic-book characters helped ease young readers' fear of nuclear war and neutralize anxiety about the questions posed by atomic power. Historians generally divide the timeline of the American comic book into eras. The Golden Age of Comic Books began in 1938, with the debut of Superman in Action Comics #1, published by Detective Comics (predecessor of DC Comics), which
4572-474: The automatic stay of § 362. The automatic stay requires all creditors to cease collection attempts, and makes many post-petition debt collection efforts void or voidable. Under some circumstances, some creditors, or the United States Trustee , can request the court convert the case into a liquidation under chapter 7, or appoint a trustee to manage the debtor's business. The court will grant
4699-554: The 1930s – and through really to the 1950s and 60s – these comics were almost the only entertainment available to children." Dennis the Menace was created in the 1950s, which saw sales for The Beano soar. He features in the cover of The Beano , with the BBC referring to him as the "definitive naughty boy of the comic world." In 1954, Tiger comics introduced Roy of the Rovers ,
4826-422: The 1940s there was a change in portrayal of black characters. "A cursory glance...might give the impression that situations had improved for African Americans in comics." In many comics being produced in this time there was a major push for tolerance between races. "These equality minded heroes began to spring to action just as African Americans were being asked to participate in the war effort." During this time,
4953-560: The 1990s, changed the format and distribution of their comics to more closely resemble non-comics publishing. The " minicomics " form, an extremely informal version of self-publishing , arose in the 1980s and became increasingly popular among artists in the 1990s, despite reaching an even more limited audience than the small press. Small publishers regularly releasing titles include Avatar Press , Hyperwerks , Raytoons, and Terminal Press , buoyed by such advances in printing technology as digital print-on-demand . In 1964, Richard Kyle coined
5080-516: The 1992 Batman: Sword of Azrael miniseries. Later, Quesada and his inking partner Jimmy Palmiotti , formed a publishing company, Event Comics , and co-created Ash , a firefighter with superpowers . Quesada cites his editorial experience with Event, and the creators he formed relationships with during that period as that which best prepared him for the later role of Marvel's editor-in-chief. In 1998, Marvel Comics, which had just filed for Chapter 11 bankruptcy , asked Quesada to work for Marvel in
5207-399: The 20th century, with the first comic standard-sized comic being Funnies on Parade . Funnies on Parades was the first book that established the size, duration, and format of the modern comic book. Following this was, Dell Publishing 's 36-page Famous Funnies: A Carnival of Comics as the first true newsstand American comic book; Goulart, for example, calls it "the cornerstone for one of
Joe Quesada - Misplaced Pages Continue
5334-459: The 21st century and which Shari Springer Berman and Robert Pulcini adapted into a 2003 film . Some independent comics continued in the tradition of underground comics. While their content generally remained less explicit, others resembled the output of mainstream publishers in format and genre but were published by smaller artist-owned companies or by single artists. A few (notably RAW ) represented experimental attempts to bring comics closer to
5461-405: The Bankruptcy Code provides for an exclusivity period in which only the debtor may file a plan of reorganization. This period lasts 120 days after the date of the order for relief, and if the debtor does file a plan within the first 120 days, the exclusivity period is extended to 180 days after the order for relief for the debtor to seek acceptance of the plan by holders of claims and interests. If
5588-490: The Bankruptcy Code), so, only a debtor can file a plan of reorganization . The SBRA requires the U.S. Trustee appoint a "subchapter V trustee" to every Subchapter V case to supervise and control estate funds, and facilitate the development of a consensual plan. It also eliminates automatic appointment of an official committee of unsecured creditors and abolishes quarterly fees usually paid to the U.S. Trustee throughout
5715-688: The Comics Magazine Association of America. The CMAA instilled the Comics Code Authority in 1954 and drafted the self-censorship Comics Code that year, which required all comic books to go through a process of approval. It was not until the 1970s that comic books could be published without passing through the inspection of the CMAA. The Code was made formally defunct in November 2011. In the late 1960s and early 1970s,
5842-658: The Incredible Hulk and the X-Men . The best-selling comic book categories in the US as of 2019 are juvenile children's fiction at 41%, manga at 28% and superhero comics at 10% of the market. Another major comic book market is France , where Franco-Belgian comics and Japanese manga each represent 40% of the market, followed by American comics at 10% market share. Comic books heavily rely on their organization and visual presentation. Authors dedicate significant attention to aspects like page layout, size, orientation, and
5969-565: The Innocent (1954). This critique led to the involvement of the American Senate Subcommittee on Juvenile Delinquency , which launched an investigation into comic books. Wertham argued that comic books were accountable for a surge in juvenile delinquency and posed a potential impact on a child's sexuality and moral values. In response to attention from the government and from the media, the US comic book industry set up
6096-661: The Magician , and the Phantom . Several reprint companies became involved in repackaging American material for the British market, notably the importer and distributor Thorpe & Porter . Marvel Comics established a UK office in 1972. DC Comics and Dark Horse Comics also opened offices in the 1990s. The repackaging of European material has occurred less frequently, although The Adventures of Tintin and Asterix serials have been successfully translated and repackaged in softcover books. The number of European comics available in
6223-689: The Rovers , Bunty , Buster , Valiant , Twinkle and 2000 AD . Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code ) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy , is available to every business , whether organized as a corporation , partnership or sole proprietorship , and to individuals, although it
6350-597: The Silver Age and the following era, the Bronze Age of Comic Books , is less well-defined, with the Bronze Age running from the very early 1970s through the mid-1980s. The Modern Age of Comic Books runs from the mid-1980s to the present day. A significant event in the timeline of American comic books occurred when psychiatrist Fredric Wertham voiced his criticisms of the medium through his book Seduction of
6477-426: The U.S. "Spider-Man 'made it clear that militant black power was not the remedy for racial injustice'." "The Falcon openly criticized black behavior stating' maybe it's important fo [ sic ] us to cool things down-so we can protect the rights we been fightin' for'." This portrayal and character development of black characters can be partially blamed on the fact that, during this time, "there had rarely been
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#17327941947006604-507: The UK has increased in the last two decades. The British company Cinebook , founded in 2005, has released English translated versions of many European series. In the 1980s, a resurgence of British writers and artists gained prominence in mainstream comic books, which was dubbed the " British Invasion " in comic book history. These writers and artists brought with them their own mature themes and philosophy such as anarchy, controversy and politics common in British media. These elements would pave
6731-443: The United States. They were the ones painted as intolerant and disrespectful of the dominant concerns of white America". Manga (漫画) are comic books or graphic novels originating from Japan. Most manga conform to a style developed in Japan in the late 19th century, though the art form has a long prehistory in earlier Japanese art . The term manga is used in Japan to refer to both comics and cartooning in general. Outside Japan,
6858-423: The actual size at which he will render the final drawing. He employs a Cintiq drawing tablet when he desires to do a "tighter" digital layout of an illustration. When sketching figures, he will sometimes use photographic reference, and incorporate the photos directly into his sketches during the process of finalizing a layout. Once he makes a final decision on a layout, he will then print it out at full size, and use
6985-433: The advantages of a traditional Chapter 11 case without the unnecessary procedural burdens and costs. It seeks to increase the debtor's ability to negotiate a successful reorganization and retain control of the business and increase oversight and ensure a quick reorganization. A Subchapter V case contrasts from a traditional Chapter 11 in several key aspects: it is earmarked only for the "small business debtor" (as defined by
7112-577: The automatic stay provisions of the Bankruptcy Code. In August 2019, the Small Business Reorganization Act of 2019 ("SBRA") added Subchapter V to Chapter 11 of the Bankruptcy Code. Subchapter V, which took effect in February 2020, is reserved exclusively for the small business debtor with the purpose of expediting bankruptcy procedure and economically resolving small business bankruptcy cases. Subchapter V retains many of
7239-441: The best interests of the creditors and the estate, the case may be dismissed resulting in a return to the status quo before bankruptcy. If the case is dismissed, creditors will look to non-bankruptcy law in order to satisfy their claims. In order to proceed to the confirmation hearing, a disclosure statement must be approved by the bankruptcy court. Once the disclosure statement is approved, the plan proponent will solicit votes from
7366-433: The business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the owners of the company. In Chapter 11, in most instances the debtor remains in control of its business operations as a debtor in possession , and is subject to the oversight and jurisdiction of the court. A Chapter 11 bankruptcy will result in one of three outcomes for
7493-512: The case. Most notably, Subchapter V allows the small business owner to retain their equity in the business so long as the reorganization plan does not discriminate unfairly and is fair and equitable with respect to each class of claims or interests. The reorganization and court process may take an inordinate amount of time, limiting the chances of a successful outcome and sufficient debtor-in-possession financing may be unavailable during an economic recession. A preplanned, pre-agreed approach between
7620-469: The cheaper collections, not realizing that monthly sales are an indicator to publishers of interest in such collections. When confronted with a backlash by fans due to his decision to dictate a controversial retcon of Peter Parker's marriage to Mary Jane Watson in the " One More Day " storyline, Quesada participated in a series of interviews on the subject to address the issue of the marriage, comparing it to real life marriages. He also promoted and praised
7747-471: The classes of creditors. Solicitation is the process by which creditors vote on the proposed confirmation plan. This process can be complicated if creditors fail or refuse to vote. In which case, the plan proponent might tailor his or her efforts in obtaining votes, or the plan itself. The plan may be modified before confirmation, so long as the modified plan meets all the requirements of Chapter 11. A chapter 11 case typically results in one of three outcomes:
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#17327941947007874-687: The comic book market size for North America was just over $ 1 billion with digital sales being flat, book stores having a 1 percent decline, and comic book stores having a 10 percent decline over 2016. The global comic book market saw a substantial 12% growth in 2020, reaching a total worth of US$ 8.49 billion. This positive trajectory continued in 2021, with the market's annual valuation surging to US$ 9.21 billion. The rising popularity of comic books can be attributed to heightened global interest, driven significantly by collaborative efforts among diverse brands. These collaborations are geared towards producing more engaging and appealing comic content, contributing to
8001-463: The comic book market. The rarest modern comic books include the original press run of The League of Extraordinary Gentlemen #5, which DC executive Paul Levitz recalled and pulped due to the appearance of a vintage Victorian era advertisement for "Marvel Douche ", which the publisher considered offensive; only 100 copies exist, most of which have been CGC graded. (See Recalled comics for more pulped, recalled, and erroneous comics.) In 2000,
8128-545: The comics all together. There was a comic created about the 99th Squadron, also known as the Tuskegee Airmen , an all-black air force unit. Instead of making the comic about their story, the comic was about Hop Harrigan. A white pilot who captures a Nazi, shows him videos of the 99th Squadron defeating his men and then reveals to the Nazi that his men were defeated by African Americans which infuriated him as he sees them as
8255-415: The comics art form. Comic Cuts was a British comic published from 1890 to 1953. It was preceded by Ally Sloper's Half Holiday (1884), which is notable for its use of sequential cartoons to unfold narrative. These British comics existed alongside the popular lurid " penny dreadfuls " (such as Spring-heeled Jack ), boys' " story papers " and the humorous Punch magazine, which was the first to use
8382-731: The company in 2000. He was named chief creative officer of Marvel Entertainment in 2010 and left his editor-in-chief role in January 2011, being replaced by Axel Alonso . His position was re-titled as executive vice president and creative director in October 2019. He left the company in 2022. Quesada was born in New York City to Cuban -born parents, and grew up in the Jackson Heights neighborhood of Queens , 15 blocks from Shea Stadium , which his father help build as part of
8509-462: The construction crew. The first comic book he became an ardent fan of was The Amazing Spider-Man , which he began reading around issue #98, the last issue of a historic anti-drug storyline, which garnered his father's approval. As the character resonated with him (in part because both grew up in Queens), Spider-Man remains a character he particularly enjoys drawing. Quesada majored in illustration at
8636-433: The coon stereotype but had some subtle differences. They are both a derogatory way of portraying black characters. "The name itself, an abbreviation of raccoon, is dehumanizing. As with Sambo, the coon was portrayed as a lazy, easily frightened, chronically idle, inarticulate, buffoon." This portrayal "was of course another attempt to solidify the intellectual inferiority of the black race through popular culture." However, in
8763-442: The cost of litigating the chapter 11 case) are paid first. Secured creditors —creditors who have a security interest , or collateral , in the debtor's property—will be paid before unsecured creditors. Unsecured creditors' claims are prioritized by § 507. For instance the claims of suppliers of products or employees of a company may be paid before other unsecured creditors are paid. Each priority level must be paid in full before
8890-408: The court must determine whether the plan is "feasible, " in other words, the court must safeguard that confirming the plan will not yield to liquidation down the road. The plan must ensure that the debtor will be able to pay most administrative and priority claims (priority claims over unsecured claims ) on the effective date. Like other forms of bankruptcy, petitions filed under chapter 11 invoke
9017-442: The court seeking relief from the automatic stay. If the business is insolvent , its debts exceed its assets and the business is unable to pay debts as they come due, the bankruptcy restructuring may result in the company's owners being left with nothing; instead, the owners' rights and interests are ended and the company's creditors are left with ownership of the newly reorganized company. All creditors are entitled to be heard by
9144-409: The court to terminate, annul, or modify the continuation of the automatic stay as may be necessary or appropriate to balance the competing interests of the debtor, its estate, creditors, and other parties in interest and grants the bankruptcy court considerable flexibility to tailor relief to the exigencies of the circumstances. Relief from the automatic stay is generally sought by motion and, if opposed,
9271-436: The court. The court is ultimately responsible for determining whether the proposed plan of reorganization complies with bankruptcy laws. One controversy that has broken out in bankruptcy courts concerns the proper amount of disclosure that the court and other parties are entitled to receive from the members of the creditor's committees that play a large role in many proceedings. Chapter 11 usually results in reorganization of
9398-501: The cover would always be the number of issues that the series had before Harras restarted it), and then definitively restoring the "old" numbers for Fantastic Four , Amazing Spider-Man and Avengers when they each passed the 500 mark. Quesada was involved in the creation of three successful Marvel imprints: Critics of Quesada's policy of emphasizing trade paperbacks charge that they cannibalize monthly comic book sales, because readers may opt to forgo monthly series in order to wait for
9525-406: The creditors' objection, the plan must not discriminate against that class of creditors, and the plan must be found fair and equitable to that class. Upon confirmation, the plan becomes binding and identifies the treatment of debts and operations of the business for the duration of the plan. If a plan cannot be confirmed, the court may either convert the case to a liquidation under chapter 7, or, if in
9652-427: The damages that a contract counterparty can claim against the debtor. Chapter 11 follows the same priority scheme as other bankruptcy chapters. The priority structure is defined primarily by § 507 of the Bankruptcy Code ( 11 U.S.C. § 507 ). As a general rule, administrative expenses (the actual, necessary expenses of preserving the bankruptcy estate, including expenses such as employee wages, and
9779-602: The debtor and its creditors (sometimes called a pre-packaged bankruptcy ) may facilitate the desired result. A company undergoing Chapter 11 reorganization is effectively operating under the "protection" of the court until it emerges. An example is the airline industry in the United States; in 2006 over half the industry's seating capacity was on airlines that were in Chapter 11. These airlines were able to stop making debt payments, break their previously agreed upon labor union contracts, freeing up cash to expand routes or weather
9906-413: The debtor's business or personal assets and debts, but can also be used as a mechanism for liquidation. Debtors may "emerge" from a chapter 11 bankruptcy within a few months or within several years, depending on the size and complexity of the bankruptcy. The Bankruptcy Code accomplishes this objective through the use of a bankruptcy plan. The debtor in possession typically has the first opportunity to propose
10033-410: The debtor: reorganization, conversion to Chapter 7 bankruptcy, or dismissal. In order for a Chapter 11 debtor to reorganize, the debtor must file (and the court must confirm) a plan of reorganization. In effect, the plan is a compromise between the major stakeholders in the case, including the debtor and its creditors. Most Chapter 11 cases aim to confirm a plan, but that may not always be possible. If
10160-582: The debut appearances of iconic characters such as Superman, Batman, Wonder Woman , the Flash , Captain Marvel , Spider-Man, the Incredible Hulk , Iron Man , Captain America and the Mighty Thor are regarded as priceless treasures within the comic book world. Many early iterations of black characters in comics "became variations on the 'single stereotypical image of Sambo'." Sambo was closely related to
10287-420: The eradication of Asian invaders." There was "a constant relay race in which one Asian culture merely handed off the baton of hatred to another with no perceptible changes in the manner in which the characters would be portrayed." "The only specific depiction of a Hispanic superhero did not end well. In 1975, Marvel gave us Hector Ayala (a.k.a. The White Tiger)." "Although he fought for several years alongside
10414-413: The extent of promulgating a code, nor did it last long. The UK has also established a healthy market in the reprinting and repackaging of material, notably material originating in the US. The lack of reliable supplies of American comic books led to a variety of black-and-white reprints, including Marvel's monster comics of the 1950s, Fawcett's Captain Marvel , and other characters such as Sheena , Mandrake
10541-423: The features present in all, or most, bankruptcy proceedings in the United States. It provides additional tools for debtors as well. Most importantly, 11 U.S.C. § 1108 empowers the trustee to operate the debtor's business. In Chapter 11, unless a separate trustee is appointed for cause, the debtor, as debtor in possession, acts as trustee of the business. Chapter 11 affords the debtor in possession
10668-501: The first appearance of Spider-Man took place in Amazing Fantasy #15. New characters were frequently introduced in this manner, waiting for an established audience before launching their own titles. Consequently, comics featuring the debut appearance of a significant character can sometimes be even more challenging to locate than the inaugural issue of that character's standalone series. Some rare comic books include copies of
10795-508: The first appearance of Superman , both sold privately through online dealer ComicConnect.com in 2010, and Detective Comics #27, the first appearance of Batman , via public auction. Updating the above price obtained for Action Comics #1, the first appearance of Superman , the highest sale on record for this book is $ 3.2 million, for a 9.0 copy. Misprints, promotional comic-dealer incentive printings, and issues with exceptionally low distribution tend to possess scarcity value in
10922-590: The hugely popular football based strip recounting the life of Roy Race and the team he played for, Melchester Rovers . The stock media phrase "real 'Roy of the Rovers' stuff" is often used by football writers, commentators and fans when describing displays of great skill, or surprising results that go against the odds, in reference to the dramatic storylines that were the strip's trademark. Other comic books such as Eagle , Valiant , Warrior , Viz and 2000 AD also flourished. Some comics, such as Judge Dredd and other 2000 AD titles, have been published in
11049-426: The industry's continued growth. The 1970s saw the advent of specialty comic book stores . Initially, comic books were marketed by publishers to children because comic books were perceived as children's entertainment. However, with increasing recognition of comics as an art form and the growing pop culture presence of comic book conventions , they are now embraced by many adults. Comic book collectors often exhibit
11176-471: The influence of the Francophone "Franco-Belgian" comics but have their own distinct style. Although Ally Sloper's Half Holiday (1884) was aimed at an adult market, publishers quickly targeted a younger demographic, which has led to most publications being for children and has created an association in the public's mind of comics as somewhat juvenile. The Guardian refers to Ally Sloper as "one of
11303-434: The judge approves the reorganization plan and the creditors all "agree", then the plan can be confirmed. §1129 of the Bankruptcy Code requires the bankruptcy court reach certain conclusions prior to "confirming" or "approving" the plan and making it binding on all parties in the case. Most importantly, the bankruptcy court must find the plan (a) complies with applicable law, and (b) has been proposed in good faith. Furthermore,
11430-407: The judge approves the reorganization plan and the creditors all agree, then the plan can be confirmed. Section 1129 of the Bankruptcy Code requires the bankruptcy court reach certain conclusions prior to confirming or approving the plan and making it binding on all parties in the case, most notably that the plan complies with applicable law and was proposed in good faith. The court must also find that
11557-437: The likes of much more popular heroes such as Spider-Man and Daredevil, he only lasted six years before sales of comics featuring him got so bad that Marvel had him retire. The most famous Hispanic character is Bane, a villain from Batman." The Native American representation in comic books "can be summed up in the noble savage stereotype" " a recurring theme...urged American indians to abandon their traditional hostility towards
11684-560: The manga market in Japan reached a new record value of ¥612.5 billion due to a fast growth of digital manga sales as well as an increase in print sales. The comic book market in the United States and Canada was valued at $ 1.09 billion in 2016. As of 2017 , the largest comic book publisher in the United States is manga distributor Viz Media , followed by DC Comics and Marvel Comics featuring superhero comics franchises such as Superman , Batman , Wonder Woman , Spider-Man ,
11811-501: The most lucrative branches of magazine publishing". In 1905 G.W. Dillingham Company published 24 select strips by the cartoonist Gustave Verbeek in an anthology book called 'The Incredible Upside-Downs of Little Lady Lovekins and Old Man Muffaroo'. The introduction of Jerry Siegel and Joe Shuster 's Superman in 1938 turned comic books into a major industry and ushered in the Golden Age of Comic Books . The Golden Age originated
11938-556: The name Foolbert Sturgeon, has been credited as the first underground comix; while R. Crumb and the crew of cartoonists who worked on Zap Comix popularized the form. The rise of comic book specialty stores in the late 1970s created and paralleled a dedicated market for "independent" or " alternative comics " in the US. The first such comics included the anthology series Star Reach , published by comic book writer Mike Friedrich from 1974 to 1979, and Harvey Pekar 's American Splendor , which continued sporadic publication into
12065-404: The next lower priority level may receive payment. Section 1110 ( 11 U.S.C. § 1110 ) generally provides a secured party with an interest in an aircraft the ability to take possession of the equipment within 60 days after a bankruptcy filing unless the airline cures all defaults. More specifically, the right of the lender to take possession of the secured equipment is not hampered by
12192-507: The offending material omitted. On June 2, 2010, Marvel announced that it promoted Joe Quesada to chief creative officer of Marvel Entertainment . In this position Quesada will help ensure that all portrayals of Marvel's characters and stories remain true to the essence of Marvel history. He will also oversee the creative aspects of media adaptations of Marvel properties, which include participating in story and script development. On January 4, 2011, Quesada stepped down as editor-in-chief, and
12319-408: The original artwork pages from comic books, which are perhaps the most rarefied items in the realm of comic book collecting. These pages hold unparalleled scarcity due to the fact that there exists only one unique page of artwork for every page that was printed and published. The creation of these original artwork pages involves a collaborative effort: a writer crafts the story, a pencil artist designs
12446-499: The popular and widely understood negative tropes used for decades in American mass culture...". However, they were not accomplishing this agenda within all of their comics. In the comic series Captain Marvel Adventures , there was a character named Steamboat who embodied a collection of highly negative stereotypes prevalent during that period. The Writers' War Board did not request any alterations to this character despite
12573-428: The pornographic and even more obscure " Tijuana bibles ". Underground comics were almost never sold at newsstands, but rather in such youth-oriented outlets as head shops and record stores, as well as by mail order . The underground comics encouraged creators to publish their work independently so that they would have full ownership rights to their characters. Frank Stack 's The Adventures of Jesus , published under
12700-736: The positioning of panels. These characteristics are crucial for effectively conveying the content and messages within the comic book. Key components of comic books encompass panels, speech bubbles (also known as balloons), text lines, and characters. Speech balloons generally take the form of convex containers that hold character dialogue and are connected to the character via a tail element. The tail comprises an origin, path, tip, and directional point. The creation of comic books involves several essential steps: writing, drawing, and coloring. Various technological tools and methods are employed to craft comic books, incorporating concepts such as directions, axes, data, and metrics. Following these formatting guidelines,
12827-617: The problematic portrayal. The removal of Steamboat from the series only came about due to the persistent advocacy of a black youth group based in New York City." Originally their request was refused by individuals working on the comic stating, " Captain Marvel Adventures included many kinds of caricatures 'for the sake of humor'." The black youth group responded with "this is not the Negro race, but your one-and-a-half millions readers will think it so." Afterwards, Steamboat disappeared from
12954-488: The process unfolds with writing, drawing, and coloring. In the United States, the term "comic book", is generally used for comics periodicals and trade paperbacks while " graphic novel " is the term used for standalone books. Comics as a print medium have existed in the United States since the printing of The Adventures of Mr. Obadiah Oldbuck in 1842 in hardcover, making it the first known American prototype comic book. Proto-comics periodicals began appearing early in
13081-421: The proposed plan. With some exceptions, the plan may be proposed by any party in interest. Interested creditors then vote for a plan. If the judge approves the reorganization plan and the creditors all agree, then the plan can be confirmed. If at least one class of creditors objects and votes against the plan, it may nonetheless be confirmed if the requirements of cramdown are met. In order to be confirmed over
13208-545: The reorganization plan is feasible in that, unless the plan provides otherwise, the plan is not likely to be followed by further reorganization or liquidation. In a Chapter 11 bankruptcy, the debtor corporation is typically recapitalized so that it emerges from bankruptcy with more equity and less debt, a process through which some of the debtor corporation's debts may be discharged. Determinations as to which debts are discharged, and how equity and other entitlements are distributed to various groups of investors, are often based on
13335-824: The restrictive continuity of the Marvel Universe . In the mid-2000s, Quesada imposed a moratorium on the practice of creatively bringing back characters thought to be dead, known as "dead is dead." In a January 2008 interview in which he was questioned about numerous characters that had since been resurrected, Quesada clarified that the policy was for writers to exercise forethought and caution before killing off characters or resurrecting them, so that such plots were not produced too frequently or without gravitas, and not that it be entirely prohibited. Joe Quesada's predecessor as Marvel editor-in-chief, Bob Harras, canceled and restarted all of Marvel's titles that were not either X-Men -related or at fewer than 100 issues already. This
13462-452: The same for Asian people. However, "Japanese and Filipino characters were visually indistinguishable. Both groups have grotesque buckteeth, tattered clothing, and bright yellow skin." "Publishers depicted America's Asian allies through derogatory images and language honed over the preceding decades." Asian characters were previously portrayed as, "ghastly yellow demons". During WWII, "[every] major superhero worth his spandex devoted himself to
13589-455: The same treatment. "By the time the United States entered WWII, negative perceptions of Chinese were an established part of mass culture...." However, concerned that the Japanese could use America's anti-Chinese material as propaganda they began "to present a more positive image of America's Chinese allies..." Just as they tried to show better representation for Black people in comics they did
13716-551: The sequential panels on the page, an ink artist goes over the pencil with pen and ink, a letterer provides the dialogue and narration through hand-lettering, and finally, a colorist adds color as the final touch before the pages are sent to the printer. When the printer returns the original artwork pages, they are typically returned to the artists themselves. These artists sometimes opt to sell these pages at comic book conventions, in galleries, and at art shows centered around comic book art. The original pages from DC and Marvel, featuring
13843-585: The space of 2 years (2002–2004) US Airways filed for bankruptcy twice leaving the AFL–CIO , pilot unions and other airline employees claiming the rules of Chapter 11 have helped turn the United States into a corporatocracy . The trustee or debtor-in-possession is given the right, under § 365 of the Bankruptcy Code, subject to court approval, to assume or reject executory contracts and unexpired leases. The trustee or debtor-in-possession must assume or reject an executory contract in its entirety, unless some portion of it
13970-452: The status of fine art . During the 1970s the " small press " culture grew and diversified. By the 1980s, several independent publishers – such as Pacific , Eclipse , First , Comico , and Fantagraphics – had started releasing a wide range of styles and formats—from color-superhero, detective , and science-fiction comic books to black-and-white magazine-format stories of Latin American magical realism . A number of small publishers in
14097-456: The stories within our comics. My role has been one in which I work on the larger stories and the overall flavor and feel of our books and universe." Quesada later elaborated on this decision in a 2011 interview with Visual Arts Journal , a publication of his alma mater, the School of Visual Arts , by saying that he always viewed the editor in chief position as a finite one that he would leave after he accomplished what he had set out to, and that
14224-491: The study stated, are currently faster, less expensive, and more private, with some states not even requiring court filings. However, a 2005 study claimed the drop may have been due to an increase in the incorrect classification of many bankruptcies as "consumer cases" rather than "business cases". Cases involving more than US$ 50 million in assets are almost always handled in federal bankruptcy court, and not in bankruptcy-like state proceeding. The largest bankruptcy in history
14351-750: The switch from traditional print manhwa to online webtoons thanks to better pay and more freedom than traditional print manhwa. The webtoon format has also expanded to other countries outside of Korea like China, Japan, Southeast Asia, and Western countries. Major webtoon distributors include Lezhin , Naver , and Kakao . France and Belgium have a long tradition in comics and comic books, often called BDs (an abbreviation of bandes dessinées , meaning literally "drawn strips") in French, and strips in Dutch or Flemish . Belgian comic books originally written in Dutch show
14478-406: The term " graphic novel ". Precursors of the form existed by the 1920s, which saw a revival of the medieval woodcut tradition by Belgian Frans Masereel , American Lynd Ward and others, including Stan Lee. In 1947, Fawcett Publications published "Comics Novel No. 1", as the first in an intended series of these "comics novels". The story in the first issue was "Anarcho, Dictator of Death",
14605-423: The term "cartoon" in its modern sense of a humorous drawing. The first modern American-style comic book , Famous Funnies: A Carnival of Comics , was released in the U.S. in 1933 and was a reprinting of earlier newspaper humor comic strips , which had established many of the story-telling devices used in comics. The term comic book derives from American comic books once being a compilation of comic strips of
14732-817: The then-recent purchase of Marvel by Disney opened up opportunities he wanted to explore. Quesada contrasted his former editor in chief role as one in which he was solely focused on rebuilding Marvel's editorial division and overseeing its comics content, with his Chief Creative Officer role as one in which he would be involved creatively with several divisions. With the October 2019 Marvel reorganization that named Kevin Feige as Chief Creative Officer across Marvel Entertainment and Marvel Studios, he would continue to work for Marvel Entertainment with his position re-titled as executive vice president and creative director for Marvel Entertainment. On May 31, 2022, Quesada announced he would part ways with Marvel. After leaving Marvel, Quesada
14859-496: The unreleased Motion Picture Funnies Weekly #1 from 1939. Eight copies, plus one without a cover, emerged in the estate of the deceased publisher in 1974. The "Pay Copy" of this book sold for $ 43,125 in a 2005 Heritage auction. The most valuable American comics have combined rarity and quality with the first appearances of popular and enduring characters. Four comic books have sold for over US$ 1 million as of December 2010 , including two examples of Action Comics #1,
14986-584: The way for mature and "darker and edgier" comic books and jump start the Modern Age of Comics . Writers included Alan Moore , famous for his V for Vendetta , From Hell , Watchmen , Marvelman , and The League of Extraordinary Gentlemen ; Neil Gaiman with The Sandman mythos and Books of Magic ; Warren Ellis , creator of Transmetropolitan and Planetary ; and others such as Mark Millar , creator of Wanted and Kick-Ass . The comic book series John Constantine, Hellblazer , which
15113-417: The word is typically used to refer to comics originally published in the country. Dōjinshi ( 同人誌 , fan magazine ) , fan-made Japanese comics, operate in a far larger market in Japan than the American "underground comix" market; the largest dōjinshi fair, Comiket , attracts 500,000 visitors twice a year. Manhwa (만화) are comic books or graphic novels originating from South Korea . The term manhwa
15240-609: The world's first iconic cartoon characters", and "as famous in Victorian Britain as Dennis the Menace would be a century later." British comics in the early 20th century typically evolved from illustrated penny dreadfuls of the Victorian era (featuring Sweeney Todd , Dick Turpin and Varney the Vampire ). First published in the 1830s, penny dreadfuls were "Britain's first taste of mass-produced popular culture for
15367-457: The young." The two most popular British comic books, The Beano and The Dandy , were first published by DC Thomson in the 1930s. By 1950 the weekly circulation of both reached two million. Explaining the enormous popularity of comics in the UK during this period, Anita O'Brien, director curator at London's Cartoon Museum, states: "When comics like the Beano and Dandy were invented back in
15494-400: Was an effort to shore up sagging sales with a new #1 issue for each of Marvel's popular titles, issued at a time shortly after the 1990s bust of the comic book collecting market , and when Marvel was in the throes of bankruptcy. Quesada reversed this policy first by showing the "old", combined issue numbers beside the "new" numbers on covers (the difference between the two issue numbers shown on
15621-496: Was composed of three three-page sequences, plus a cover for each. These included a Superman story intended to show reviewers from DC Comics that he could handle their characters; an X-Men sequence to display both his ability to depict the characters of Marvel Comics and his ability to handle groups of characters; and a vignette of two people having coffee, which Quesada included to show his ability to illustrate non-superhero stories. Among Quesada's earliest widely distributed work
15748-400: Was for Valiant Comics , specifically penciled interiors and covers for Ninjak , Solar, Man of the Atom and others. His art was heavily influenced by Alex Toth , Mike Mignola , and Alphonse Mucha . At DC Comics , he and writer Jack C. Harris co-created an updated version of the Golden Age character The Ray . Quesada co-created the character Azrael with writer Dennis O'Neil for
15875-400: Was of the US investment bank Lehman Brothers Holdings Inc., which listed $ 639 billion in assets as of its Chapter 11 filing in 2008. The 16 largest corporate bankruptcies as of December 13, 2011 Enron, Lehman Brothers, MF Global and Refco have all ceased operations while others were acquired by other buyers or emerged as a new company with a similar name. ‡ The Enron assets were taken from
16002-484: Was recruited to Amazon Studios in a first-look deal to develop film and television productions from comic book properties. In July 2024, he was announced as the head of a new comic book company called Amazing Comics. A joint venture between Mad Cave Studios and Belgian publisher Dupuis , their first series will be Disciple , a reimagining of Shakespeare's Hamlet , with Quesada co-writing and drawing. When illustrating, Quesada begins with sketches much smaller than
16129-400: Was replaced by Axel Alonso . After being given the additional job of CCO, in 2010, Quesada explained to Comic Book Resources , "With my increased travel schedule over the last year plus, I've only been able to work with the publishing division in a more macro sense, or as you put it, a more, "big picture," sense. During this time, Tom and Axel have been handling the more detailed functions of
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