Hi Rich,

Since the lawsuit settlement supposedly was sealed, we'll probably never know 
all of the details. Rumor has it that while the original 40-3/4 million dollar 
judgment was thrown out, the final settlement included a 16 million dollar 
payment to MTH, not exactly small change. I wonder then if the final settlement 
was a cash transaction, or was it tendered in some other manner?

Bill in FL


 


--- In [email protected], "richgajnak" <rustytraque@...> wrote:
>
> 
> 
> MTH has no financial interest in Lionel, save for the contract to build and 
> offer O and Standard Gauge tinplate with the Lionel branding and pay the 
> royalty. 
> 
> It was a simple business decision by Lionel as MTH was already tooled up for 
> a wide variety of tinplate products and the costs would have been prohibitive 
> to tool up for a market that's probably smaller than S.
> 
> Lionel Corporation Tinplate is pure MTH, right down to using MTH's DCS 
> command control system, and is marketed and sold by MTH's network.
> 
> Rich G(ajnak)
>




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