AfterDawn: Tech news

THQ creditors put in claims for over $200 million

Written by Andre Yoskowitz (Google+) @ 28 Apr 2013 18:16

THQ creditors put in claims for over $200 million Now that the company has sold off its remaining assets via auction, THQ creditors have made claims in the bankruptcy case, seeking over $200 million.
The smallest claim is for $2.98 from a Tennessee tax advisor and the largest is for $39 million from THQ Holdings.

A few of the big name claimants are Codemasters at $1 million over unpaid royalties, Double Fine is seeking $595,000 in royalties over PS Plus promotions and Microsoft is seeking $1 million over licensing fees. A few top execs from the company are seeking $2 million, as well, in unpaid salary and severance.

Employees and devs are also seeking outstanding payments for their work on major games like Saints Row 4 and Metro: Last Light.

THQ recently auctioned off the last of their IP including Darksiders, Red Faction and Homeworld, raising over $6 million.

Previous Next  
Comments have been disabled for this article.

News archive