Despite heated court filings, public name-calling, and more, Gearbox Software (Borderlands 3), Gearbox CEO Randy Pitchford, and former general counsel Wade Callender, have hung up their swords and settled the cases between them.
What is unusual about the resolution (and not so unusual)?
How does the timing of the settlement relate to Gearbox and its game offerings?
And what new lawsuit will have Gearbox in court all over again?
Settlements are their own kind of disappearing act...in Virtual Legality.
#RandyPitchford #Gearbox #Borderlands
Discussed in this episode:
"Randy Pitchford's $12 Million Magic Trick: A Lawyer's View (VL69) (Hoeg Law)"
Hoeg Law YouTube Video - Jun 24, 2019
"Former Gearbox employee provides proof Randy Pitchford diverted funds to personal company"
GameDailyBiz - June 18, 2019 - Mike Futter
Plaintiff's Third Amended Petition
Callender v Gearbox (Pitchford)
June 12, 2019
"Gearbox CEO Randy Pitchford and former lawyer bring end to messy legal dispute"
Eurogamer - October 4, 2019 - Matt Wales
"Court dismisses lawsuit accusing the CEO behind the blockbuster 'Borderlands' video games of lewd behavior and mismanagement of funds"
Business Insider - October 3, 2019 - Kevin Webb
"'Duke Nukem 3D' composer Bobby Prince sues Gearbox over alleged unpaid royalties"
GameDailyBiz - September 30, 2019 - Sam Desatoff
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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
Rick has practiced for more than a decade at some of the country's largest law firms, representing IT, software, video game, and other technology companies, as well as the individuals and institutions which fund them.
DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.
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Blog, "Rules of the Game", at https://hoeglaw.wordpress.com/
On "Help Us Out Hoeg!" a regular segment on the Easy Allies Podcast (formerly GameTrailers)
The Hoeg Law Firm is a business law firm with big law experience and a small firm approach focusing on start-ups, technology, financing, and everything else a business might need.