Sega Suing THQ Over Company of Heroes 2 Pre-order Profits
Earlier this year publisher THQ went bankrupt, and was forced to sell off its assets in order to recoup some losses. Sega happened to snap up Company of Heroes 2 developer Relic Entertainment, and now claims it has a right to whatever pre-order profits were earned on Steam the moment THQ declared bankruptcy.
Sega has filed suit with a Delaware Bankruptcy Court, claiming THQ owes $941,710.93 for the 20,000-plus pre-orders for COH2 on Steam from September 2012 through January 2013. According to Eurogamer, Sega is stating at least $508,877.85 must be a priority, as that was what was earned from the moment THQ filed for bankruptcy at the end of December 2012.
THQ has a long line of creditors it still owes money to, with Sega only adding to the reported $200 million the now-bankrupt publisher is already indebted. This is the first time we’ve seen such a case presented, and the circumstances are certainly unusual. How the court will rule remains to be seen, but we’ll be keeping a close eye on further developments in regards to THQ’s continued troubles.