Beleaguered video game company Atari has asked for approval from the New York court handling its bankruptcy to sell off all of its assets on an individual basis. This move comes after Atari’s attempts to find a purchaser for all of the company’s assets have failed. Atari is seeking $15 million for the Atari brand, $3.5 million for the Rollercoaster Tycoon brand, and $1.5 million for the Test Drive brand. Atari argues that a competitive bidding auction will help Atari obtain the best price for its assets. Atari’s financial problems are thought to have resulted from a shift in the video game industry to freemium and low cost games spurred by hardware innovations in mobile devices.
If you seek representation in video game matters, contact our video game lawyers at Revision Legal.
The Federal Trade Commission (FTC) has issued final amendments to its trade regulation rule concerning negative option plans, also known as the “click to cancel rule.” This rule aims to address widespread deceptive practices that prohibit customers from cancelling services in the same manner in which they signed up. Here’s a detailed summary of the […]
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Introduction Being an ecommerce merchant is hard; you have to keep an eye on your advertising spend, control your inventory, and make sure your customers are happy. Additionally, you also have to navigate a complex landscape of legal responsibilities. One of these areas, which is often overlooked, is product liability. Product liability law holds manufacturers, […]
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Introduction In our increasingly digital world, the significance of internet privacy is paramount. Internet privacy attorneys are essential in safeguarding the rights of individuals and organizations against various privacy-related challenges. This blog post delves into the key issues these attorneys address. Data Breaches and Cybersecurity Data breaches occur when sensitive information is accessed or disclosed […]
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