Spin Master Settles Contract Suit After $4M Verdict Tossed
ADVERTISEMENT ADVERTISEMENT Spin Master Settles Contract Suit After $4M Verdict Tossed Law360 (February 11, 2021, 9:29 PM EST) -- Spin Master Ltd. has settled a breach-of-contract claim brought against it by former partner Rehco LLC in a dispute over remote-controlled helicopter royalties, with the parties moving to jointly dismiss the case in Illinois federal court on Thursday. The former partners notified the court of a settlement in January, following U.S. District Judge John Robert Blakey's decision to toss Rehco's $4.1 million breach-of-contract award in November yet keep intact a $5.4...