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Bankrupt Lionel LLC has settled a lawsuit accusing rival K-Line Electric Trains Inc. of infringing copyrights and stealing trade secrets to develop its model engines and transformers. K-Line agreed to cease the sale of all products that use Lionel's technology by the end of fiscal year 2005 and to pay Lionel up to $700,000 for legal expenses, as well as royalties on all those products that they sell during that period, Lionel said.
August 15, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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