Waiting for orders from judge on United States Yu-Gi-Oh! Anime license

On Thursday, the judge of the bankruptcy of United States Shelley Chapman ordered TV Tokyo and Nihon Ad Systems (NAS), the owners of Yu-Gi-Oh! anime franchise, to comply with an automatic stay in the anime licenses. According to the order, the owners may not return the franchise or otherwise exercise control over the rights of the franchise. The rights were held by the American Distributor 4Kids under their contracts of 2001 and 2008 with TV Tokyo and NAS.

TV Tokyo and NAS had announced in March that could end up 4Kids Yu-Gi-Oh! license and sue the dealer. The owners stated that 4Kids fraudulently concealed income that should have been subject to royalties for Japanese owners.

In his order on Thursday, judge Chapman also said that the trial on the licensing of the franchise it carried out in two phases: the first will determine if TV Tokyo and NAS announced the cancellation of the license of 4Kids was valid, and the second will determine if 4Kids owes money to the owners and exactly how much. 4Kids must respond to the demand on June 10, followed by the discovery, objections, and lists of witnesses. The first phase of the trial will begin on August 29.

4Kids went bankrupt in April; the company had previously stated that it may have to the file after Yu-Gi-Oh! demand. Demand judging and preventive or submitted, the demand before the Court of bankruptcy because of the relationship between the two cases. When 4Kids learned ADK, the owner of Nihon Ad Systems, to promote the new Yu-Gi-Oh! Zexal series licensing International Expo at the end of this month, 4Kids filed a motion requesting the application of the automatic suspension before mentioned.

Image © Kazuki Takahashi Studio dice/Shueisha, TV Tokyo, NAS
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4Kids files to avoid Yu-Gi-Oh! License Zexal

The American media distributor 4Kids, which is filing for bankruptcy in the Southern District of New York, filed a motion Friday requesting that the judge in the case of bankruptcy, Shelley C. Chapman, issue an order to stay (suspend) co-licensor Asatsu DK (ADK) attempts to exert control over Yu-Gi-Oh! anime franchise in the United States.

Nihon Ad Systems of ADK (NAS) and co-licensor TV Tokyo announced in March that they were ending 4Kids license due to disclose allegedly fraudulent of the North American company for royalties. 4Kids also requested that ran the hearing of this movement, and judge Chapman had scheduled the hearing for May 25, instead of the standard 21 days. After TV Tokyo and NAS filed a motion for reconsideration, Chapman judge rescheduled the hearing for May 31.

In its proposal, 4Kids complained that ADK will promote Yu-Gi-Oh! Zexal, the fourth anime TV in the franchise, in the International Expo of licenses in June and declared that this would cause irreparable harm should be TV Tokyo and grant NAS North American Yu-Gi-Oh! licenses previously in the hands of these new companies.

4Kids recognized that the demand for TV Tokyo and NAS is currently on hold due to their own applications for bankruptcy, during which Chapman judge filed a stay in the suit, but asked that TV Tokyo and NAS prevented "exercise control over the rights of 4Kids Yu-Gi-Oh!" license "-for example, through the sale of those rights to another company, pending a decision of the Court if the termination of the licensors Japanese of his contract is valid." According to 4Kids, both they and the licensors have agreed to transfer their dispute of civil court judge Chapman.

4Kids also sustained the validity of the termination of the licensees, stating that it was "valid procedure" and stating that the company is "likely to be" accusations of ADK and TV Tokyo are "no" merit. 4Kids ADK was aware of part of the company to split revenue with the North American dealer allegedly anime Funimation - demanded by the licensors supposed was in fact an attempt by 4Kids to evade the payment of royalties to Japanese companies. In addition, he claimed that several ADK and TV Tokyo audit conclusions "emerged more than six years ago" and therefore, have gone beyond the prescription.
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