Funimation Sues A.D. Vision, Sentai, Others for US$8 Million

[quote=psychopuppet]
What a dick move. First they go behind backs , take titles , and now they sue because they are having cash problems and Sentai is doing better then them. I repeat DICK MOVE!

Everyone to twitter and facebook![/quote]

Just like one big dysfunctional family at the dinner table.

Here’s an interesting tidbit @EeepersChoice (from twitter) found after I posted that link you gave us Coffee God. Funimation got sued, and lost to GAIMZ CANDIES L L C , whatever that is. The lawsuit began in 2007 and just ended in 2011. Which gives you an idea how long these things can drag out.

Type in just Funimation and that comes up.

[quote=Prede]
Here’s an interesting tidbit @EeepersChoice (from twitter) found after I posted that link you gave us Coffee God. Funimation got sued, and lost to GAIMZ CANDIES L L C , whatever that is. The lawsuit began in 2007 and just ended in 2011. Which gives you an idea how long these things can drag out.

Type in just Funimation and that comes up.[/quote]

It seems Gaimz Candies LLC. is a candy store in Spring, TX.
So Funi got pwned by a candy store…WTF!!!

If this is true, seems like Funi likes to get themselves involved with a lot of lawsuits, whether directly or indirectly:
4-kids
Candy store
Now Sentai…

Perchance this is the reason Navarre wanted to get rid of Funi, hmmmmm…?
And noone wanted to buy Funi, hmmm…?

The tin foil hat speaks…

[quote=Tonka]

[quote=Prede]
Here’s an interesting tidbit @EeepersChoice (from twitter) found after I posted that link you gave us Coffee God. Funimation got sued, and lost to GAIMZ CANDIES L L C , whatever that is. The lawsuit began in 2007 and just ended in 2011. Which gives you an idea how long these things can drag out.

Type in just Funimation and that comes up.[/quote]

It seems Gaimz Candies LLC. is a candy store in Spring, TX.
So Funi got pwned by a candy store…WTF!!!

If this is true, seems like Funi likes to get themselves involved with a lot of lawsuits, whether directly or indirectly:
4-kids
Candy store
Now Sentai…

Perchance this is the reason Navarre wanted to get rid of Funi, hmmmmm…?
And noone wanted to buy Funi, hmmm…?

The tin foil hat speaks…[/quote]

Don’t forget the One Piece 1337 thing either!

Funi’s reputation is slipping further and further into oblivion. Bullies eventually get pummeled and we’ll all be spectators of it.

Look more stuff 'bout Funi-related lawsuits:

http://www.animenewsnetwork.com/news/2005-07-21/navarre-sued-in-relation-to-funimation-acquisition

[quote=Tonka]
Look more stuff 'bout Funi-related lawsuits:

http://www.animenewsnetwork.com/news/2005-07-21/navarre-sued-in-relation-to-funimation-acquisition[/quote]

Thank you Tonka. I thought I was the only person that remembered that. I’m glad you found a link. It’s hard for me to link things as my modem broke and I have to post everything from my iPhone (hence the weird typos).

[quote=dragonrider_cody]

[quote=Tonka]
Look more stuff 'bout Funi-related lawsuits:

http://www.animenewsnetwork.com/news/2005-07-21/navarre-sued-in-relation-to-funimation-acquisition[/quote]

Thank you Tonka. I thought I was the only person that remembered that. I’m glad you found a link. It’s hard for me to link things as my modem broke and I have to post everything from my iPhone (hence the weird typos).[/quote]

Spread it…
Spread the word…

Let everyone know Funi ain’t 'no squeaky clean company themselves…

MUAHAHAHAHAHAHA… :evil:

mmmm…brownies…

[quote=The Coffee God]
You know, I was just thinking…

Most of FUNi’s ‘license rescues’ over the past few years have been old ADV licenses.
It makes one curious if those were somehow connected to this.[/quote]

One title Bubblegum Crisis Tokyo 2040 was actually funded by ADV back in the day. I kind of always wondered how that worked then I think while they funded the title the Japanese actually held licensing rights to it. Perhaps it was part of the contract it could not be licensed to anyone else until ADV was no more. Course Guyver was funded by ADV to but I think that had to be Sojitz money. So technically in that case it would have been Sojitz that funded it.

Most of the titles Funimation got that were ADV Films at one time or another were pretty old in Anime license terms. Was not surprised they expired just more so that Sentai did not pick some of them up before Funimation. Though makes me also wonder if when Funimation had not picked up other titles from some of the studios they did not add in the contracts they got first dibs on certain titles when they expired. Low move ,but it’s not like it’s not done.

Is anyone going to ask Funi questions about this at their live blog tonight?

[quote=chrisc]
Is anyone going to ask Funi questions about this at their live blog tonight?[/quote]
Someone probably will and it will be answered with a simple we can’t talk about it or don’t know anything.

I know but just wondering.

[quote=psychopuppet]

[quote=chrisc]
Is anyone going to ask Funi questions about this at their live blog tonight?[/quote]
Someone probably will and it will be answered with a simple we can’t talk about it or don’t know anything.[/quote]

Since they took written-in questions from various social media sites (Facebook, Twitter, Google+ and YouTube) they could pick and choose what questions they answered. After watching about two minutes of the “live blog”, I knew they wouldn’t address the issue. It’s a Funi marketing exercise.

[quote=Newshawk]

[quote=psychopuppet]

[quote=chrisc]
Is anyone going to ask Funi questions about this at their live blog tonight?[/quote]
Someone probably will and it will be answered with a simple we can’t talk about it or don’t know anything.[/quote]
Since they took written-in questions from various social media sites (Facebook, Twitter, Google+ and YouTube) they could pick and choose what questions they answered. After watching about two minutes of the “live blog”, I knew they wouldn’t address the issue. It’s a Funi marketing exercise.[/quote]

Well last time they did address Sentai/Section 23 and ADV’s collapse and explained it in their own way. And they did mention Bandia Ent leaving the market. Watched the whole thing in vain thinking MAYBE they’d answer it just to get it out of the way, but apparently not. As you said they could pick and choice what questions they wanted. Out of all of their online Q and A’s they’ve done, this was the most boring. Shame cu I like those guys, and they’re other ones were more interesting.

For what it’s worth: I finally found a link to a portion of the Texas Business and Commerce Code, when Section 23 refers to bankruptcy and transferring assets when creditors are involved. Rumor has it that SXION-23 (Section23 Films) was named for this, as opposed to http://en.wikipedia.org/wiki/Section_23

http://law.justia.com/codes/texas/2009/business-and-commerce-code/title-3-insolvency-fraudulent-transfers-and-fraud/chapter-23-assignments-for-the-benefit-of-creditors/

Well, after reading that there are several small questions that I have, but first and foremost it doesn’t sound like Funimation can actually sue for the full $8 million, as a third of that was supposed to be paid in the first place, and I’m fairly certain the interest rates haven’t been high enough cause that third to be accumulated through interest. Beyond that though, the link still doesn’t answer the question as to why Funimation is being able to sue for a debt owed to ARM, particularly since ARM isn’t around anymore. In addition, that doesn’t directly state just who the assignee responsible for paying the debt is, just that the creditor is nearly required to consent to it, and if the creditor has consented then the original debtor can not be sued over the debt.

In all honesty that section of Texas legal code mostly raised even more questions, although it does give you the information about where the answers to most of those questions will be found. Again though, for the most part it sounds like Funimation is just filing a BS claim (exception being if the assignee(s) have earned the required 10% mark and not payed it towards the debt, that’s about the only situation where I can even see a lawsuit over the debt being valid in the first place, though again not why Funimation is being able to file the claim in place of ARM, unless Funimation bought out ARM, but that’s a grayish area).

In addition to some of the points I’ve already raised, I’ve received some information from another source that lessens my worries on this case quite a bit less. Even if Sentai and Anime Network are found liable in the whole mess, there is a good chance they could pull out of it.

But even if everything falls apart, there is little point worrying for now. The case is probably years away from being decided one way or another.

And that is probably the single most significant detail right there, it’ll most likely take years for a decision to be reached. The only way that won’t happen is if they settle out of court before the review judge looks it over or if the review judge decides there is no legal basis for the lawsuit and throws it out. As such, by the time a decision is reached a person would need to know exactly what to search for to find this thread again without spending hours looking through the old archived threads.

Razmoudah wrote:

That’s easily solved, as long as this forum incarnation exists…
At the top and bottom of the thread, is a little button called FAVORITE
Clicking on that will add it to your Favorites List, which is listed at the top of the My Discussions section.

The My Discussions section can be reached by pressing the little grey tab at the top of each page of the forum called My Discussions (right under the Blue bar links on each page).

Ah, so that’s how I keep track of topics that I’m interested in. I’d really thought I’d given the impression that my familiarity with forums in general is several years out of date, I must’ve failed miserably.

Of course, that would fall under the classification of ‘knowing exactly where to look’, which I admit I hadn’t mentioned. My point on that line was that by the time a decision is made most people won’t even remember that this discussion took place.