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MGA's Statement on the ruling

  • Dec. 4th, 2008 at 8:18 PM
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Statement from MGA Entertainment Re: Ruling on Mattel's Motion for
Injunction

Last update: 4:23 a.m. EST Dec. 4, 2008

LOS ANGELES, Dec 04, 2008 (BUSINESS WIRE) -- Last night, US District
Judge Stephen Larson granted Mattel's request for an injunction to
stop MGA Entertainment from selling certain Bratz products. "We
believe the jury verdict was clear in denying 99% of Mattel's
copyright infringement claim and that issuing such a broad injunction
is inconsistent with the limited jury verdict and the law," said Isaac
Larian, CEO of MGA. Larian added that "MGA intends to immediately
appeal the injunction Mattel was granted."
While the Order does provide that it will be stayed until February
2009 while the Court considers additional legal briefing on post-trial
issues, MGA will request that the stay be extended pending resolution
of MGA's appeal. "We will seek to stay enforcement of this Order until
our appeal is resolved so we can maintain the over 1500 people that
MGA employs, and continue to give our consumers a product they
desire," Larian stated.
Further, the Order acknowledges that "[t]here is a strong economic
interest, especially in these troubled times, in maintaining a
profitable enterprise as a going concern," and MGA agrees, citing this
as one of the important facts it will raise when it seeks to stay
enforcement of the Order until its appeal is resolved.

Notably, Judge Larson previously stated Mattel's request was "quite a
leap," and stated that "the measurable value to Bratz, the brand
Bratz, to the dolls Bratz, to everything that came of it, is so much a
function of what Isaac Larian and his team at MGA put into it." The
broad Order is surprising given these foregoing sentiments and MGA
looks forward to its opportunity to present its appeal to the U.S.
Ninth Circuit Court of Appeals.


SOURCE: MGA Entertainment, Inc.

You can join the discussion of the case here on Bratz World
http://www.bratzworld.tv

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