ACCLAIM’S TRUSTEE SUES FORMER EXECUTIVES

Video Game Law Blog

September 05, 2005

Earlier this summer we reported about the sale of Acclaim's assets as part of Acclaim's bankruptcy proceedings. Now Acclaim's trustee is trying to dig up more assets. The trustee has filed a lawsuit against several former executives of Acclaim, seeking $150 million in damages. The trustee accuses the executives of various improper activities, including 'operating Acclaim in many instances as if it were a personal piggy bank"?.
Coverage at  http://www.shorl.com/badopramybrafo