Fresh lawsuit from SEGA may prevent things from finally coming to a close.
By Tim Colwill on July 18, 2013 at 11:43 am
A U.S. Bankruptcy Judge has finally ruled on the THQ liquidation plan, which has been held up by a variety of creditors seeking $200 million.
These unsecured creditors, which include big names like Microsoft, Codemasters and Lucasfilm, have been informed they will now be receiving between 31.5 and 51.9 percent of what they are owed.
THQ claims that they have enough money in their European arms to pay out these debts, and hopefully some more left over to actually pay shareholders a little bit of their money as well.
However some of that may be in jeopardy, with SEGA rising out of the ocean to sue THQ’s corpse for a total of $941,000 USD over Company of Heroes 2 pre-orders that it claims arise from Steam pre-orders taken during THQ’s ownership of the title. That case is yet to be decided.