part #2 DIS , prime time , Winnie the Pooh Licenser Appeals Ruling
Wednesday May 25, 1:35 pm ET
Winnie the Pooh Licenser Appeals Dismissal of Its Lawsuit Against Walt Disney
LOS ANGELES (AP) -- The family that owns U.S. licensing rights to the Winnie the Pooh franchise said Wednesday that it filed a promised appeal of a court decision that dismissed its lawsuit against Walt Disney Co.
The Slesinger family maintains that Disney owes it more than $700 million in unpaid royalties over 20 years.
A Los Angeles Superior Court judge threw out the 13-year-old case in March 2004, saying that a Stephen Slesinger Inc. investigator had illegally taken documents from Disney trash bins. Slesinger's lawyer said the appeal argues that this point was voided by the family's proposal to retry the case without any information from, or use of, those documents.
Disney shares fell 2 cents to $27.64 in afternoon trading on the New York Stock Exchange.
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