Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
San Diego, CA 08/21

Regularly scheduled events

Stargate Games Lawsuit

Former shareholders in Cheyenne Mountain Entertainment have filed a conspiracy complaint against Dark Comet Games, Fresh Start Studios, and five individuals: Karl Hiatt and his wife (first name unknown), Mark Renberg, Chris Lombardo, and Harlan James Brown II, according to Courthouse News Service. The legal action is over Cheyenne Mountain Entertainment's bankruptcy, and claims that the transfer of assets from Stargate Resistance and Stargate Worlds was done without the approval of the bankruptcy court. The plaintiffs say "Fresh Start Studios allegedly paid $100,000 to purchase all of Cheyenne Mountain's assets, a fraction of 1 percent of the assets' worth," and that CME "raised and expended tens of millions of dollars in connection with the development of Stargate Resistance and Stargate Worlds." Word is: "Plaintiffs seek a declaration that the transfer of assets to Fresh Start is fraudulent, and want the assets returned Cheyenne Mountain Games. They also want $10 million in damages, alleging breach of contract, civil conspiracy, fraudulent transfer, tortious interference and unjust enrichment."

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Depth Free Weekend
Deus Ex: Mankind Divided Trailer
Overwatch Animated Short
Warhammer 40,000: Armageddon - Da Orks Released
Paragon's Narbash Next Week
Shiness: The Lightning Kingdom Trailer
Evening Patches
On Sale
Evening Previews
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Path of Exile: Atlas of Worlds Next Month
Crazy Machines 3 in October
City: Skylines: Natural Disasters Announced
  

 



footer

Blue's News logo