Hi all,
The following is a translation of the article in the Nürnberger Zeitung dated 2007/02/16
Link to original text http://www.nz-online.de/artikel.asp?art=609436&kat=6
NZ said:
From the Nürnberger Zeitung Feb 16, 2007Rumours around LGB
Is Schöntag bailing out?
[i]Nürnberg - the future of the insolvent Nürnberg model railway producer Ernst Paul Lehmann LGB seems again to be uncertain.[/i]
As one hears from the USA, the potential buyer Hermann Schöntag has apparently insufficient financial possibilities to assume the ownership. In addition one hears that other interested parties are reluctant to come forward due to the complicated situation.
Further information indicates that interested parties in the USA will attempt, via the former distribution arm, to use the trademark rights on a worldwide basis, with the exception of those valid in Germany, and to resume production.
NZ
PS More as it develops!