For those unfamiliar with, new to, or fuzzy about the details of what happened, here is the entire sad, sordid story of the rise and fall of Will Vinton Studios.
In 1977, I was introduced to Vinton at his Northwest Portland studio. There it was, the Oscar statue Vinton and Bob Gardiner won for Closed Mondays, the short Claymation film that started it all.
Vinton pulled the Oscar down and let me fondle it before placing it back on the shelf behind his desk.
The article is 3-years old but worth a read.