Patent attributes
In accordance with one aspect of the present invention, there is provided a handle structure for a container or folding structure including a handle with an actuator, a movable retaining pin, an extendable and retractable arm and a handle seat which is or cooperates with a structural part of the container and with a recess. The retaining pin is retracted within the handle by a fastening member. The fastening member includes a pin locking magnet for cooperating with a recess locking magnet in the recess; and a pin retracting magnet for cooperating with handle retracting magnet. The container may be a suitcase, toolbox or other container with extendable and retractable arms/handles. Other embodiments employ springs to urge the retaining pin towards the recess in the handle seat.