alfredofroylan on 14 July 2009
Rogue Squadron Wii
Former employees of Factor 5 Inc., a San Rafael video-game company that abruptly closed last month, have sued the company, asserting that it fraudulently conveyed intellectual property to another company before declaring bankruptcy to avoid paying the employees and other debtors.
When Factor Five filed to liquidate its assets under Chapter 7 bankruptcy law on May 13, it estimated it had $50,000 to $100,000 in assets and $1 million to $10 million in debts. The bankruptcy filing includes 69 claims for unpaid wages totaling more than $900,000.
http://www.marinij.com/ci_12602712
And about Rogue Squadron
James Smith, a lawyer representing the employees, claims Factor 5 founders started a limited liability company called 'Blue Harvest' in which to transfer work completed on the Star Wars: Rogue Squadron game for the Nintendo Wii.
http://wii.ign.com/articles/995/995726p1.html
Blue Harvest??? C'mon!!!
