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Article on Lionel Bankruptcy

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darth9x9
  • Member since
    December 2002
  • From: US
  • 665 posts
Posted by darth9x9 on Saturday, January 1, 2005 9:06 PM
From the link above, "In the meantime, Chapter 11 bankruptcy, which Lionel entered last month, protects the company from having to post a bond while the appeal is pending."

A very interesting point I did not know about.

Bill Carl (modeling Chessie and predecessors from 1973-1983)
Member of Four County Society of Model Engineers
NCE DCC Master
Visit the FCSME at www.FCSME.org
Modular railroading at its best!
If it has an X in it, it sucks! And yes, I just had my modeler's license renewed last week!

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PennsyHoosier
  • Member since
    October 2004
  • From: Northern Indiana
  • 1,000 posts
Article on Lionel Bankruptcy
Posted by PennsyHoosier on Saturday, January 1, 2005 3:16 PM
This appeared in our local paper yesterday. It's worth a look.

http://www.fortwayne.com/mld/journalgazette/business/10538216.htm
Lawrence, The Pennsy Hoosier
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