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Duke Nukem Court Battle Getting Nasty - briefly|
| (hx) 01:43 AM CEST - Jun,16 2009 | Shacknews reports that the court battle between Take-Two and 3D Realms over Duke Nukem Forever is getting a bit nasty. According to the Take Two statement, 3D Realms requested that they fully fund the game. Instead Take Two said they would fund 50 percent of the game's development for the PC and Xbox 360 version and would fund the remaining 50 percent when Duke Nukem Forever was completeted. Take Two stated that 3D Realms rejected this offer.
3D Realms received two advances for Duke Nukem Forever: $400,000 from former publisher GT Interactive in 1998--a debt Take-Two assumed when it acquired the DNF publishing rights--and $2.5 million from Take-Two Interactive in 2008.
According to Take-Two, that second advance was provided with the stipulation of "7% per annum" interest after September 2009, and an agreement that the sum would "become immediately due" if Duke Nukem Forever was not released by October 22, 2012.
Perhaps most shockingly, Take-Two claims that "upon information and belief, [3D Realms/Apogee Ltd.] has title to a substantial amount of funds deposited in an off-shore account, which Take-Two believes Apogee can use to fund its outstanding obligations."
Take-Two further notes that, in the event of "any future development of the Console Versions of DNF," 3D Realms and Apogee are "required to cooperate"--suggesting that there may still be a chance of Duke Nukem Forever, in some form, hitting store shelves.
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last 10 comments: | strangestsensation | (05:56 PM CEST - Jun,16 2009 ) | | This is a joke. You know how many times 3DR has had the shaft from these publishers?! They've been given jack all to develop with, like welfare funding and they expect to finish a game and expect huge returns. Greedy bastards all of em. |
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