QUOTE: Originally posted by Sask_Tinplater This is indeed a sad day! Whether or not Lionel was in the wrong in the lawsuit can be debated, but I think that we can all agree that $40 million was certainly very excessive and definetly not a fair judgement! As bad as this news is, I don't think that we have any major things to worry about. As Lionel said, it will continue its operations as it is now without any changes (at the moment). I don't think that we have to fear Lionel going out of business or anything like that. The Lionel name means so much by itself that even if Lionel LLC goes under (which I highly doubt), somebody will step in to get things back in order. I wonder what J. L. Cowen would have to say about all this?
QUOTE: Originally posted by seacoast MTH has always been out to be #1 now their wish has come true. However I do not believe that court litigation on MTH's part will help the toy train venue/hobby, industry at all. I see Lionel as a classic name and line that will live on to fight another day. MTH is the new kid on the block with the big stick- that stick being $cash$ and court judgments. It is because of a few visionary individuals in the late 1980's and Lionel included in that list, that the toy train industry is what it is today. Lionel's actions may not have been conducive to good business practices however I do not see MTH as an Angel either, their motives should be scrutinized
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QUOTE: Originally posted by Big_Boy_4005 Lionel's bankruptcy has given MTH an empty victory, not the ca***hey sought.
QUOTE: Originally posted by Big_Boy_4005 There is a small part of me that wonders if the whole thing wasn't a trap, and those plans were the bait.
QUOTE: Originally posted by M. DONALDSON QUOTE: Originally posted by Big_Boy_4005 Lionel's bankruptcy has given MTH an empty victory, not the ca***hey sought. All Mike wants are the rights to the Lionel name. Wellsping can keep the rest.
QUOTE: Originally posted by TheTruthofTrains QUOTE: Originally posted by Big_Boy_4005 There is a small part of me that wonders if the whole thing wasn't a trap, and those plans were the bait. If that's the case, Elliot, the next logical question would be who laid the trap. Looking at the various parties involved, one might well ask when L's former chief engineer, who figured prominently in receiving some pretty incriminating emails and apparently did nothing about them, actually started working for a cutthroat L competitor - after he left L, or before?
QUOTE: Originally posted by altera6 GET OVER IT! The original Lionel went out of business in 1969. Moreover, as I recall from reading many an article in this same publication, the original Lionel Co. spared no expense to bury its competition, anybody remember American Flyer? If MTH eventually picks up the Lionel brand name so be it, they will have been the fourth company to do so. To the folks at Lionel, “What goes around comes around”. If is was not for competitive pressure from MTH among others I'm sure Lionel's quality today would be just as shoddy as it was in the 70s, 80s and 90s.
QUOTE: Originally posted by hobo1430 As I tried to post earlier, in my opinion, the judgement seems outlandish. This is all the more outrageous since MTH made their start copying Lionel products. [:(!]
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