TV Tokyo & NAS v. 4Kids: Yu-Gi-Oh! Trial CommencesAugust 29, 2011 at 7:15 am | Posted in 4Kids, Other Stuff | Leave a comment
Farewell, Hurricane Irene. After an unprecedented mandatory evacuation of several areas of New York City and a complete shutdown of its mass transit system over the weekend, residents and businesses slowly head back to work today. Fair weather returns to the Big Apple not a day too soon, as the trial between TV Tokyo, NAS, and 4Kids is set to begin today at noon at the U.S. Bankruptcy Court for the Southern District of New York.
The trial, whose scheduling has been accelerated at the request of both parties involved, will take part in two phases. The first, which starts today, will be used to determine whether the TV Tokyo and NAS effectively terminated 4Kids’ rights under the Yu-Gi-Oh! license and whether the licensors are owed any payments per the findings of their audit of 4Kids.
The results can’t come quickly enough.