- Nov 22, 2001
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Sounds pretty cut and dry to me; but litigation can be a nasty beast. Valve's strategy should be twofold:
1) Insist the original amount specified by the arbitrator is binding
2) Disprove the claim of an overpayment in royalties (if untrue)
Anyone who's played HL2 with commentary mode enabled should agree, Valve's a company chock full of hard-working geniuses. Valve is a great, great company, one of the best. Freakin Activision..
"In 2005, Sierra and Valve agreed to let an arbitrator decide how much in royalties Valve was owed and agreed that his decision would be final. The arbitrator decided that Valve was owed $2,391,932 including interest.
Activision assumed Sierra?s responsibility due to the fact that the company was acquired and declared that Valve was overpaid $424,136 in royalties; it said that it would subtract the overpayment amount from the ordered payment that the arbitrator awarded.
This is where the conflict started between the two companies, with Valve claiming that no one ever informed the arbitrator of the alleged overpayment and the fact that the companies had an agreement to abide by the arbitrator?s decision." Link
1) Insist the original amount specified by the arbitrator is binding
2) Disprove the claim of an overpayment in royalties (if untrue)
Anyone who's played HL2 with commentary mode enabled should agree, Valve's a company chock full of hard-working geniuses. Valve is a great, great company, one of the best. Freakin Activision..
"In 2005, Sierra and Valve agreed to let an arbitrator decide how much in royalties Valve was owed and agreed that his decision would be final. The arbitrator decided that Valve was owed $2,391,932 including interest.
Activision assumed Sierra?s responsibility due to the fact that the company was acquired and declared that Valve was overpaid $424,136 in royalties; it said that it would subtract the overpayment amount from the ordered payment that the arbitrator awarded.
This is where the conflict started between the two companies, with Valve claiming that no one ever informed the arbitrator of the alleged overpayment and the fact that the companies had an agreement to abide by the arbitrator?s decision." Link
