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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Micott & Basara Appleseed Films of bankruptcy (updated) files

The financial research firm Teikoku Databank reported Tuesday that the producer Micott & Basara entered into voluntary bankruptcy in the Tokyo District Court on April 21. Micott & Basara has been behind cartoons Appleseed projects over the past decade, including two animated films by computer and the next round of Appleseed XIII. The company had incurred 1.938 million yen (about $ 23.7 billion) in debt at the end of March.

Micott company was established in December 1997 to plan, develop and manage video and film projects. Formally in June 1999 and changed its name to the current moniker Micott & Basara in March 2003. He delved into live-action films (as Kisaragi, Boku Kanojo no XXX / your my secret and Higanjima), but it has also focused on animation by computer.

Micott & Basara best-known worldwide production was the film adaptation of computer animation of the future police Masamune Shirow Appleseed manga Shinji Aramaki 2004. The company would then produce Aramaki 2007 film sequel Appleseed: Ex Machina.

Micott & Basara announced Appleseed: Genesis, a planned series of computer animation, in 2008. However, the project was suspended in the study of Radix mobanimation and Radix sued Micott & Basara on production costs. (Micott & Basara counter-sued based on restitution and compensation).

Micott & Basara has been producing Appleseed XIII, a new adaptation of the series of computer animation on the 13-part of Appleseed, release this month of June. The company of other drawings animated projects including Koma Tori Eiga Komaneko, Atagoal wa Neko no Mori, prologue of blame! and Samuroid zero.

Source: animeanime.biz

Update: The Web site of animeanime.biz reports that Appleseed XIII can continue production under a new future agreement.
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