Alpha Group has agreed to cease to sale of a collection of Screechers Wild merchandise in the UK, US and Canada as portion of a settlement with Spin Master.
Last year, Spin Master alleged that the magnetic transformation function in Alpha group’s Screechers Wild toys infringed on its personal patents covering its Bakugan toys.
Under the terms of a deal struck among the two, Alpha Group has agreed to quit promoting its Screechers Wild toys in the 3 countries at the end of this month. According to a release from Spin Master, the agreement with the Chinese toy maker was reached amicably.
Spin Master’s Bakugan toys had been launched in 2007 in conjunction with a Japanese-Canadian anime series named Bakugan Battle Brawlers.
We are really proud of the innovative technology behind the Bakugan items,” mentioned Chris Harrs, general counsel, Spin Master. Spin Master has a history and reputation for enforcing our intellectual property and we will continue to vigorously shield our rights where needed.”
Spin Master presently has outstanding lawsuits filed against Mattel in Canada, the US and Mexico alleging that Mattel’s Mecard toys infringe on patents connected to Bakugan toys.