It appears Hasbro and 88mph Studios (publishers of the recent Ghostbusters comics) are locked in a lawsuit;

88MPH Studios, Inc. suing Hasbro, Inc.

Montmagny, QC, Canada – July 21, 2006 – Counterclaiming Hasbro’s own legal action, 88MPH Studios, the cross-plaintiff, is initiating its own lawsuit against the toy manufacturer, seeking 90006.23$ (cdn) worth of damages for wrongful doings and the non respect of multiple contractual terms in regards to a licensing agreement concerning the publication of Transformers related books.

The press release doesn’t say what the lawsuits are about, though presumably its over the Transformers licence – with Transformers movie coming soon, this could be interesting.