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Young Won A Bankruptcy Court Ruling for Venture

April 26, 2006, 4:51 am GMT

Young on Tuesday won a bankruptcy court ruling to form a joint venture with Lionel LLC, the storied model train maker operating under protection from


Neil Young was on Tuesday April 25th, 2006 granted an okay for venture. The rocker has on that day won a bankruptcy court ruling to form a joint venture with Lionel LLC, the storied model train maker operating under protection from creditors.

Thus, the venture which is known as Liontech Trains LLC will then develop the latest version of Lionel's Trainmaster control system. As for you to know, Young who is a singer and songwriter as well is a model train enthusiast who owns about one-fifth of Lionel.

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