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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