Neoseeker : News : Creditors claim THQ still owes hundreds of millions
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Wakaman Apr 27, 13
Man THQ just can't catch a break, huh. $2.98 lmao why even dispute that.
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BlackLabel Apr 27, 13
I love the $2.98.. I am sure Jason Rubin would have personally given them $3 had they asked for it while THQ were still in business, such a stupid thing to claim for. As for the rest all I can say is ouch, I knew THQ were in a financial mess but not to this degree.
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Dreadlock Holiday Apr 27, 13
Sounds like THQ has officially gone down the drain. I wonder what that $2.98 was spent on, perhaps a sandwich.

It's sad that THQ will have to auction off all it's assets now.
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THM Apr 27, 13
No surprise. In this stupid capitalist age, someone always owed to somebody (i.e. international financiers), whether they're ordinary folks or big or small companies.
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nipsen Apr 27, 13
The "no surprise" part, seems to me at least, is that the owner of the original loan they defaulted on isn't listed on the claimants list.

I.e., Wells Fargo got their money, or settled with incomes from liquidation of assets, auctions, future stream of money that's going to come in for certain games still in sale. While Rubin didn't get paid, Double Fine seems to have missed money on the Costume Quest and Stacking sales since they renegotiated the price-point, and added it to the ps+ promotions. The rest is from contractors who did apparently relatively heavy work on recent titles, along with personnel in any amount of the studios THQ owned.

So THQ's priorities are pretty "normal", to put it like that.
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ambing1 Apr 28, 13
Some companies just wanting to get the royalties they earned. Fair enough.
Don’t see why the executives that were responsible for the company think they’re entitled to all these millions of dollars.
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Mishtram Apr 29, 13
Meh, we'll see. Bankruptcy always brings out the worst in creditors and the worst creditors, and I would not be surprised if some of that money are "surprise" fees or pseudo-legal challenges to see just how much can be taken off the boat before it's gone fully underwater. I would not be surprised if it was a large figure though; large corporations tend to lack liquidity in much of their infrastructure, and I'd be surprised if a lot of it wasn't some level of debt. Even Microsoft and Apple carry debt, it's an inherent and necessary portion of running a business, regardless of revenues.
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