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Marvel Entertainment sued by toy company over 'Iron Man' license

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Marvel Entertainment has been sued by US toy company Box-O-Mania over an unsuccessful licensing agreement.

The firm's owner Maxim Tselevich is accusing the comic book giant of deception following the collapse of a deal which would have seen the production of an Iron Man playhouse to coincide with the DVD release of Iron Man 2.

Tselevich claims that he entered an agreement with Marvel to produce Iron Man's Lair Play Boxes, but the studio failed to provide the artwork required to complete the products. Box-O-Mania then received an invoice demanding Marvel's $22,500 (£13,930) licensing fee.

According to Deadline, the Box-O-Mania head told the Los Angeles Superior Court that he later learned Marvel did not have the rights to license out the required artwork, which depict Tony Stark's cars and motor cycle.

"As a further result of the executor fraud, Box-O-Mania has been damaged in lost business, business opportunities, and reputation and otherwise in an amount to be proved," the complaint reads.

Box-O-Mania is seeking to reclaim the $33,000 (£20,431) it has already paid Marvel along with damages.

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