Gaming News, Game Reviews, Game Trailers, Tech News

dtoid   |   japanator   |   flixist   |   tomopop   |   store


 

 

THQ still owes hundreds of millions to its creditors

0

And there's a lot of them

If the filed claims are to be believed, THQ owes more than $200 million to various creditors in wake of its recent bankruptcy. Hundreds of parties have been added to the bankruptcy proceedings, many of them claiming several million dollars due.

Jason Rubin and Jason Kay are two of the most notable claimants. The executives which were with the company for well less than a year have submitted claims for $2 million and $2.1 million, respectively. A small portion of these assertions are salary and severance matters, with a larger amount dedicated to breach of employment issues.

Additionally, many companies such as Double Fine, Codemasters, and UFC are seeking large sums from royalties owed. The list stretches on and on, spanning from $2.98 to a Tennessee tax assessor to $39 million to THQ Holdings Ltd. We'll have to wait until the case is over in May to figure out who is getting what.

THQ creditors claim hundreds of millions owed, include Double Fine, Microsoft, UFC [Polygon]


The article continues below. Login to skip ads, get faster mobile, and dibs on betas
 
 

 

TwitterRedditEmailFacebook
 
Brett MakedonskiManaging Editor // Profile & Disclosures
Fronts2380Posts5Blogs 4Following1Followers44

While you laughing, we're passing, passing away. So y'all go rest y'all souls, 'Cause I know I'ma meet you up at the crossroads. Y'all know y'all forever got love from them Bone Thugs baby... ... more


 



#Industry Bull #Money #THQ
 
 


READER COMMENTS LOADING BELOW...

Please login (or) make a quick account (free)
to view and post comments.



 Login with Twitter

 Login with Dtoid

Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!

spacer