THQ creditors claim hundreds of millions
Microsoft, UFC, Mattel, Codemasters, and Double Fine among long list of parties seeking money from bankrupt publisher.
Numerous individuals and companies alike have come forward claiming THQ owes them hundreds of millions of dollars in the wake of the company's December bankruptcy filing.
Claims registered in the Kurtzman Carson Consultants database (via Polygon), reveal hundreds of parties are seeking money from the publisher for a variety of reasons.
Wal-Mart is seeking $1.6 million from THQ over a supplier agreement, while the Entertainment Software Association wants $190,000 for money owed over booth space reserved for this summer's Electronic Entertainment Expo.
Developers filing claims include Codemasters ($1 million for unpaid game royalties), Double Fine ($595,000 for breach of contract related to Stacking and Costume Quest), and Microsoft ($213,000 for royalty payments related to Xbox 360 peripherals).
Other big-name companies on the list include toy-maker Mattel, which seeks $12.75 million for an unspecified contractual obligation and UFC parent company Zuffa, which claims it is owed $1.9 million for unpaid royalties related to UFC games.
Former THQ executives Brian Farrell ($6.4 million), Jason Rubin ($2 million), and Jason Kay ($2 million) also filed claims against the company. Farrell's claim stems from money owed over his termination "without cause," while Rubin claims THQ was potentially negligent about its financial circumstances when it hired him last year to turn the company around.
Claims continue to be accepted, but no money is expected to be paid until the end of May.
Cronos: The New Dawn Could Be The Beginning Of A New Era For Bloober Team Diablo x Berserk - Official Collaboration Reveal Trailer FATAL FURY: City of the Wolves|Special Animated Music Video Trailer Bloober Team Breaks Down Their Next Game, Cronos: The New Dawn Capcom Fighting Collection 2 - Physical Comic Book Preview Trailer Cronos: The New Dawn | Official Gameplay Reveal Trailer | DON'T LET THEM MERGE GS News Update: New Fortnite Battle Pass Detailed GS News Update: Star Wars: Battlefront 2 Underperforms, Microtransactions Coming Back GS News Update: Metal Gear Survive Requires Constant Internet Connection, Has Microtransactions Battlefield: Bad Company 3 Rumors Surface - GS News Roundup Red Dead Redemption 2 Mission Discovered In GTA Online?! - GS News Roundup PUBG Xbox One Performance Issues - GS News Roundup
Please enter your date of birth to view this video
By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy
Got a news tip or want to contact us directly? Email news@gamespot.com
Join the conversation