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 | category: Square Pegs
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