June 2nd, 2011

powerpuffyugioh

4kids to keep yugioh license

I still have to post the post-fanime journal but this is important:

DO NOT BASH 4KIDS IN THE COMMENTS PLEASE

http://www.animenewsnetwork.com/news/2011-06-02/judge-orders-hold-on-u.s-yu-gi-oh-anime-license

The result of the May 31st trial was that 4kids can hold onto the Yugioh franchise from the 2001 and 2008 contracts due to "automatic stay" which is from what I understand that when a company files for chapter 11 bankruptcy, they are protected from their creditors from taking assets from them until they can restructure, unless the court finds a good reason for the creditor from taking assets owed.

Remember, this trial only judged that the automatic stay prevented NAS/TV Tokyo from trying to license ZEXAL to someone else, but what still has to be determined:

1. If the termination of the 2008 yugioh contract was valid
2. if 4kids owes ADK (TV Tokyo + NAS) money, and if so how much

So for now 4kids can keep dubbing/subbing 5D's

Idk about GX though :/

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TL;DR
- 4kids can still work on 5D's
- TV Tokyo/NAS cannot exhibit ZEXAL/try to get someone else to dub/license it... yet
- future court cases to determine if the termination of the 2008 Yugioh contract was valid and also if and how much money 4kids owes