SNK sues Aruze???

Kazuya_UK

NeoGeoForLife.com,
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May 11, 2001
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An article (Japanese) - here's a translation (not done by me though):

SNK sued Aruze - Aruze announced that Osaka district court had declared SNK's bankruptcy on Oct 30. SNK was called a decision of court protection in this April, although it couldn't file recovery plans by the appointed day and the district court determined to terminate the protection.
Aruze also got filed a stockholders' representative suit to pay 27,500,000,000 yen (229,170,000 USD) with SNK up front jointly by SNK stock holders. They insist the allocation to third party, which SNK carried out to Aruze was unjustified modest price, consequently it caused losses to SNK.

[ November 02, 2001: Message edited by: Kazuya_UK ]
 

Fran

today forever
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what a mess


there aint no real thruth

there aint no real lie
 

Huxley

Fu'un-Ken Master
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1,544
Aruze do suck something chronic. SNK should go KICK PACHINKO ASS!
 

Blaine

Hinako's Cook
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Jul 16, 2001
Posts
3,113
Wow. That's a big number!

Can SNK sue anyone if they've disolved the company?

ha ha ha Anyone here a Japanese Lawyer?

If they can I hope they win and win BIG.
 

NeoLord

Neo-Geo FAQs Editor
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Carry on my one love, SNK! Defeat the beast! Apparently Aruze is responsible for SNK's demise. <IMG SRC="smilies/veryangry.gif" border="0">
 

jbeedham

yeah he did that, ,
Joined
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Posts
833
If you are out of business you can't sue because legally the entity doesn't exist. For example, let's say you died in a car crash and want to sue the person that got you killed. YOU CAN'T SUE THEM BECAUSE YOU ARE DEAD!!!!
 

BRANDI

Franco's Trainer
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Originally posted by Fran:
<STRONG>
there aint no real thruth

there aint no real lie</STRONG>

Verve fan, my friend?!? <IMG SRC="smilies/wink.gif" border="0">
 

Fran

today forever
20 Year Member
Joined
Sep 27, 2000
Posts
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Originally posted by BRANDI:
<STRONG>Verve fan, my friend?!? <IMG SRC="smilies/wink.gif" border="0"></STRONG>

Back in the '80s, whenever you turned on the TV it was Phil Collins, it was Robert Palmer, it was Peter fucking Gabriel - all these people who were in something before you were conscious! It was like, "Who are these geezers with suits on who keep getting big hits, mum?" When I saw the Happy Mondays and The Stone Roses, it was a revelation. It was possible to do things again. I think The Verve have to go on, carry the torch.
 
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