Hersch & Co. claims Mattel breached a contract obligating it to spend at least $2 million promoting the board game, “Outburst,” in Los Angeles Superior Court.

     Perry Ellis International says Beach Jeans and its director Eduardo Olmedo, both of Mexico City, are selling clothing with the “Gotcha” trademark to WalMart without permission, in Miami Federal Court.
     Lehman Bros. owes it $27 million in cash collateral for derivatives transactions, GSEF Al Nawras (Cayman) Ltd. claims in Manhattan Federal Court.

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