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Litigation

Sep. 3, 2010

Mattel Says Rival Is Hiding Assets to Avoid Judgment

Further fueling the drama over one of the world's most famous doll brands, Mattel sued Bratz manufacturer MGA Entertainment in state court late Wednesday, accusing the toymaker of hiding $430 million in assets.

By Jason W. Armstrong

Daily Journal Staff Writer

Fueling the drama over one of the world's most famous doll brands, Mattel sued Bratz manufacturer MGA Entertainment in state court late Wednesday, accusing the toymaker of hiding $430 million in assets.

Mattel, which is locked in a fierce intellectual property battle with MGA over ownership of the brand, contends MGA executives funneled the cash to trusts controlled by frien...

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