Bankrupt writer THQ has a prolonged checklist of collectors in search of cash from the previous online game maker, with greater than $200 million in claims up to now from varied events filed in opposition to THQ Inc. and its subsidiaries for the reason that firm filed for bankruptcy protection in December.
Claims registered in THQ Inc.‘s chapter case vary from as little as $2.98 from a Tennessee tax assessor to as excessive as $39 million from UK-based THQ Holdings Ltd. over cash loaned to the writer. Claims in opposition to THQ subsidiaries and studios like Volition Inc., Vigil Video games, THQ Wi-fi and THQ Digital Studios Phoenix are additionally included within the claims register. Tons of of corporations and people are in search of cash from THQ.
Included among the many claimants are corporations like Microsoft, who registered a declare with the court docket for $213,772 in licensing charges for third-party peripherals and $888,652 for financing charges; UFC mother or father firm Zuffa, LLC for $1.9 million in unpaid royalty charges; and Codemasters, which is in search of $1 million in unpaid royalties and inventory on Grime 3, Bodycount, F1 2011 and different titles.
Double Effective Productions, creators of THQ-published video games Stacking and Costume Quest, is in search of $595,000 in royalties associated to the sale of these video games and cash owed for PlayStation Plus promotions.
Tattoo artist Christopher Escobedo is listed among the many claimants. His illustration claims he’s owed $4.16 million as a part of a copyright infringement go well with filed last November over the inclusion of a tattoo he created, which seems on UFC fighter Carlos Condit in UFC Undisputed 3.
Former THQ executives Jason Rubin and Jason Kay — each brought on to help turn THQ around in Could 2012 — are additionally listed among the many claimants, in search of $2 million and $2.1 million, respectively, from THQ Inc. and every of its 4 subsidiaries. A small portion of Rubin and Kay’s claims are for unpaid wage and severance, with the bigger sum — a part of normal unsecured claims — arising from a breach of employment settlement.
THQ subsidiaries in Europe, Asia and Australia characterize a few of the highest greenback quantity claims, lots of these claims associated to loans and curiosity.
Additionally listed is the Leisure Software program Affiliation, which is in search of the $190,424.75 for sales space area reserved for E3 2013 and related damages associated to changing that area to a “lounge space.” LucasFilm has a declare filed for royalties owed on cellular video games Star Wars: Lightsaber Duel and Star Wars Arcade: Falcon Gunner.
The checklist of claimants helps for instance the rocky transition of sure former THQ franchises and the loss of life of the corporate. Builders and artists, lots of them contractors and outsourced builders, are in search of cash owed for work on titles like Saints Row 4, Homefront 2 and Metro: Final Gentle. Creators of trailers, key artwork and logos for still-unreleased video games have gone unpaid, ensuing within the submitting of claims.
New claims proceed to be filed in opposition to THQ Inc. as the top of chapter proceedings loom nearer.
Chapter case counselors inform Polygon that no claims will likely be paid out till the top of the case in Could.
