Free Republic 4th Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $3,749
4%  
Woo hoo!! And our first 4% is in!! Thank you all very much!! God bless.

Keyword: mthelectrictrains

Brevity: Headers | « Text »
  • Toy Train Makers Eye End to Legal Battle

    10/27/2007 6:35:28 PM PDT · by BenLurkin · 4 replies · 93+ views
    AP ^ | Saturday October 27, 12:30 pm ET
    COLUMBIA, Md. (AP) -- The nation's two largest makers of toy trains are nearing a conclusion to a seven-year-old, multimillion-dollar lawsuit. Columbia-based MTH Electric Trains had sued Lionel, a century-old brand, accusing it of stealing train designs through a Korean subcontractor. The dispute focused on patented computer technology that synchronizes a train set's sound, smoke and speed, critical technology in their small but competitive market. "We're happy that we've reached a settlement," said Jerry Calabrese, chief executive of Lionel, based in Chesterfield, Mich. "It was a long, terrible case." However, MTH founder Mike Wolf said the settlement is contingent on...