November 16, 2004

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 November 16, 2004 05:05 AM
Category: Square Pegs

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

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
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