(breaking News: Topps Sues Upper Deck For Rights Violations Re; Dead Players)

blowoutcards · 06-10-2008, 01:11 PM

(BREAKING NEWS: TOPPS SUES UPPER DECK FOR RIGHTS VIOLATIONS RE; DEAD PLAYERS)

Topps Company has filed suit in federal court in Indianapolis against Upper Deck claiming the latter's use of certain players in its upcoming Legendary Cuts product, violates a contract between Topps and rights holder CMG Worldwide, Inc. Upper Deck previously held the contract for the rights of these key players with CMG but let the contract expire.

Topps negotiated the new deal with CMG and had strong plans to kick off the use of players such as Lou Gehrig, Jackie Robinson and a few other players in it's Triple Threads product due sometime this summer. CMG joined in the suit filed in Indianapolis where it is based.

"Topps would not have entered into these agreements without having the rights to the legends intellectual property on an exclusive basis," the suit charges, further stating Upper Deck, "continues to knowingly, intentionally, willfully and maliciously infringe upon the exclusive rights purchased by Topps."

Other players in the HOF mix for Topps and CMG are Rogers Hornsby, Mel Ott, Jimmy Foxx, Thurman Munson, George Sisler and Johnny Mize.

Things between Topps and Upper Deck hit their key boiling over point last year when Upper Deck tried to buy Topps out from under Michael Eisner. The two did battle in a Delaware court with rampant charges flailing back and forth between the two. The two sides were easily at their nastiest during the suit. Topps eventually won out by selling the company to Eisner for $385 million despite a higher bid by Upper Deck. Topps said UD could not back it's offer and just wanted a look at exclusive contracts. It would have had those rights under due diligence laws where one corporation attempts to buy another.

It remains to be seen where this suit takes the two. It might also delay the release of both key products in the mix for the manufacturers. Both Triple Threads from Topps and Legendary Cuts from UD are highly anticipated, especially among older collectors.
-The Brill Report

fm8418 · 06-10-2008, 01:14 PM

Solt maybe your cards are now worth a little more!

solt0131 · 06-10-2008, 02:58 PM

My cases you mean....I have like 5 that are coming sealed and weren't planned to be opened. They are either going in the toilet or to the sky.....

fm8418 · 06-10-2008, 03:27 PM

Quote:

Originally Posted by solt0131

My cases you mean....I have like 5 that are coming sealed and weren't planned to be opened. They are either going in the toilet or to the sky.....

I meant your Jackie since he's not supposed to be in this product

ND3 · 06-10-2008, 04:22 PM

TTT price jumped today! Oh boy!

solt0131 · 06-10-2008, 04:33 PM

I sold the Jackie already for $2250 on the spot and paid.

06-10-2008, 01:11 PM	#1 (permalink)
blowoutcards Administrator Join Date: Jun 2007 Posts: 1,195 iTrader: (0 / 0%) blowoutcards	(breaking News: Topps Sues Upper Deck For Rights Violations Re; Dead Players) (BREAKING NEWS: TOPPS SUES UPPER DECK FOR RIGHTS VIOLATIONS RE; DEAD PLAYERS) Topps Company has filed suit in federal court in Indianapolis against Upper Deck claiming the latter's use of certain players in its upcoming Legendary Cuts product, violates a contract between Topps and rights holder CMG Worldwide, Inc. Upper Deck previously held the contract for the rights of these key players with CMG but let the contract expire. Topps negotiated the new deal with CMG and had strong plans to kick off the use of players such as Lou Gehrig, Jackie Robinson and a few other players in it's Triple Threads product due sometime this summer. CMG joined in the suit filed in Indianapolis where it is based. "Topps would not have entered into these agreements without having the rights to the legends intellectual property on an exclusive basis," the suit charges, further stating Upper Deck, "continues to knowingly, intentionally, willfully and maliciously infringe upon the exclusive rights purchased by Topps." Other players in the HOF mix for Topps and CMG are Rogers Hornsby, Mel Ott, Jimmy Foxx, Thurman Munson, George Sisler and Johnny Mize. Things between Topps and Upper Deck hit their key boiling over point last year when Upper Deck tried to buy Topps out from under Michael Eisner. The two did battle in a Delaware court with rampant charges flailing back and forth between the two. The two sides were easily at their nastiest during the suit. Topps eventually won out by selling the company to Eisner for $385 million despite a higher bid by Upper Deck. Topps said UD could not back it's offer and just wanted a look at exclusive contracts. It would have had those rights under due diligence laws where one corporation attempts to buy another. It remains to be seen where this suit takes the two. It might also delay the release of both key products in the mix for the manufacturers. Both Triple Threads from Topps and Legendary Cuts from UD are highly anticipated, especially among older collectors. -The Brill Report

06-10-2008, 02:58 PM	#3 (permalink)
solt0131 Member Join Date: Jul 2007 Location: Pittsburgh, PA Posts: 845 iTrader: (5 / 100%) Solt0131	My cases you mean....I have like 5 that are coming sealed and weren't planned to be opened. They are either going in the toilet or to the sky..... __________________ I collect: Notre Dame guys only in their ND Uniform.

06-10-2008, 04:22 PM	#5 (permalink)
ND3 Member Join Date: Feb 2008 Location: Jersey Shore Posts: 3,510 iTrader: (112 / 100%) floridaguy72	TTT price jumped today! Oh boy! __________________ JACOB BIGSHOW'S NEW BFF Be fearful when others are greedy, and be greedy when others are fearful. -- Warren Buffet aka The Oracle of Omaha checkoutmycards.com/users/nd3

06-10-2008, 04:33 PM	#6 (permalink)
solt0131 Member Join Date: Jul 2007 Location: Pittsburgh, PA Posts: 845 iTrader: (5 / 100%) Solt0131	I sold the Jackie already for $2250 on the spot and paid. __________________ I collect: Notre Dame guys only in their ND Uniform.

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06-10-2008, 01:14 PM	#2 (permalink)
fm8418 Member Join Date: Feb 2008 Location: Toledo, ohio Posts: 1,353 iTrader: (21 / 100%) fm8418	Solt maybe your cards are now worth a little more!