This should automatically go on everyone's Christmas list

Lionel Trains files for bankruptcy!

Not so fast though, there's this:

M.T.H., owner of Columbia, Md.-based Mike's Train House, accused Lionel and a South Korean subcontractor, Korea Brass, of getting drawings and plans for the toy train that were stolen from M.T.H. subcontractor Samhongsa, also based in South Korea.

A jury found Lionel guilty, and it's the awarded judgement that's driving the bankruptcy notice. Very sad, every aspect of this is very sad.

Posted by: Ted at 05:05 AM

Comments

1 Congratulations, M.T.H., you got your precious payday.

May you fester in hellfire eternal.

Posted by: Tuning Spork at November 16, 2004 11:17 PM (9PsSb)

2 Lionel is such a tradition. I mean, when I think of trains, I think of Lionel. Bah. Even Santa Claus is weeping.

Posted by: dawn at November 18, 2004 11:07 AM (Rgkju)






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