Lionel was also in bankruptcy , the deal .
Which actually involved the purchase of K - Line by Sanda Kan , its Chinese subcontractor , followed by Sanda Kan 's licensing of the trademarks and intellectual property to Lionel , took several weeks to become final .
Since Lionel was also in bankruptcy , the deal , which actually involved the purchase of K - Line by Sanda Kan , its Chinese subcontractor , followed by Sanda Kan 's licensing of the trademarks and intellectual property to Lionel , took several weeks to become final .