Guys we made a lot of money from this auction, and - oh.
By Alice Lynton on April 27, 2013 at 1:01 pm
THQ is bankrupt and all its assets have been auctioned off – end of story, right? Wrong. A huge list of creditors have made claims on the defunct publisher, according to a Bankruptcy Court of delaware filing [PDF], with a whopping total of $200 million allegedly owed.
Microsoft is claiming $213,772 in licensing fees for third-party peripherals and $888,652 for financing fees. UFC parent company Zuffa, LLC is asking for $1.9 million in unpaid royalty fees. Codemasters has filed a claim for $1 million in unpaid royalties and stock on various titles including Dirt 3 and Bodycount. LucasFilm is after royalties on mobile games. Even indie darling Double Fine Productions says it is out of pocket $595,000 in royalties.
On top of that, a tattoo artist is claiming $4.16 million for a copyright infringement suit; former executives Jason Rubin and Jason Kay say they’re both out about $2 million each; and various THQ child companies are claiming millions in loans and interest; and the ESA wants its money back for a reserved E3 2013 booth.
Polygon reports the claims may not be paid, but if they are, it won’t be until the end of May.