Sega files lawsuit against THQ

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Bankrupt business owes the Sonic creator £630k for Steam sales.

Sega is reportedly suing former publisher THQ for £630,000 over unpaid revenue from Steam pre-order sales of Company of Heroes 2.

In the claim, filed with the Delaware US Bankruptcy Court (via Eurogamer), Sega alleges that over $941,710 was paid to THQ by Valve, money which Sega claims is owed to it.

Sega purchased the Company of Heroes developer, Relic Entertainment, as part of an asset auction as the company fell into irreparable bankruptcy.

Consequently, the Sonic maker should have netted the Summer 2012 pre-order sales from Steam, which brought in over $1.2 million, however, shop owner Valve takes a 30% cut before passing it on to developers and publishers.

According to the report, Sega joins a long line of creditors claiming money is owed to them by THQ, which amounts to over $200 million.

THQ was taken apart and sold piece by piece to rival publishers earlier this year.

“Yesterday morning, we received a competing bid for the operating business… and numerous offers for separate assets,” Brian Farrell, THQ CEO told employees at the time.

“During an auction process that lasted over 22 hours, the final conclusion was that the separate-asset bids would net more than a single buyer for the majority of the company.”

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