Model Forum / General / Railroads / December 2004

Lionel has filed for bankruptcy protection. They have since obtained
financial backing. The protection was not only because of MTH. The final
outcome will probably not be settled for quite a while.

Peter Rohrman wrote:
The last I heard of this was that MTH had sued Lionel in a US court, and
won $48 million last month. I heard that Lionel went into bankruptcy
protection because of this debt to MTH. Does anyone have any updates on
this? Will MTH win the day and acquire the assets of Lionel? Does anyone
know where I can read the ruling on this?
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Maybe you can find some info at Lionel Chat:

http://www.lionel.com/digichat/transcript.htm

..or Trainboard.com:

http://www.trainboard.com/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/6/t/000096.html

Bill
Bill's Railroad Empire
N Scale Model Railroad:
http://www.billsrailroad.net
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http://www.billsrailroad.net/history/n-scale
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http://www.billsrailroad.net/bookstore
Children's Books and Toy Trains:
http://www.billsrailroad.net/bookstore-4
Resources--Links to 1,000 sites:
http://www.billsrailroad.net/bills-favorite-links

http://www.freep.com/money/business/lionel14e_20041214.htm

Rob