Takeaways From Moonscoop V. American Greetings

Law360, New York (August 27, 2012, 1:03 PM EDT) -- The United States Court of Appeals for the Sixth Circuit recently renewed the ability of French entertainment and brand-management company Moonscoop SAS to bring a claim for damages and specific performance against American Greetings Corp. regarding the sale to Moonscoop of American Greetings' rights to cartoon characters the Care Bears and Strawberry Shortcake (those rights, the "assets").[1] The holding reverses, in part, the district court's ruling that American Greetings was entitled to summary judgment that the terms of the sale are expired.


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