Panini will continue to make WWE products for the foreseeable future.
We have learned that a New York court has recently denied WWE's restraining order against trading card company Panini. As a result, Panini will legally be able to continue making WWE product while both WWE and Panini's lawsuits against one another plays out in court. The restraining order was denied by Judge Lorna Schofield for a currently unknown reason.
Furthermore, new documents related to the case have been made available to the public. According to Paul Lesko on X (Twitter), the documents state that WWE is accusing Panini of not fulfilling a part of their contract that required Panini to create digital trading cards or physical trading card games by June 1st, 2022.
As a result of the alleged contract violation, WWE terminated their deal with Panini on August 25th, 2023. Panini had continued to make products, which is why WWE sued, according to Lesko.
Lesko also noted that the timing for WWE's termination of the contract with Panini is strange, given the fact that Panini allegedly would have violated their contract with the company on June 2nd, 2022. Instead, WWE waited nearly 18 months to bring a lawsuit against Panini.
Panini noted that they fulfilled the physical trading card game part of the deal via Pack Wars and Box Wars at numerous conventions. WWE contests that Box or Pack Wars don't qualify as physical trading card games, and that images of physical trading cards don't count as digital trading cards, as those images are not for sale.
Lesko also states that WWE is asking for the court to order Panini to stop making and distributing anything related to WWE IP. Furthermore, WWE also wants Panini to return or destroy all existing inventory and pay over $5,000,000 as a result of the contract termination.
Please visit our store for amazing figures and pops https://www.realrasslin.net/store
Comments