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Reply to "Jerry Calabrese resigns as President and CEO of Lionel"

Originally Posted by willygee:

What was the lawsuit all about?

All you'd ever want to know about it.

 

MTH's side of the story

Inc. Article

US Court of Appeals Decision

 

The final word:

 

In late 2007 Lionel and MTH settled their long-term fight over trade secrets and patent infringements. In March 2008 the court approved a settlement that includes a one time cash payment to MTH. The payment will take place soon after Lionel exits bankruptcy. The details of the settlement are under court seal.

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