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Kinesoft Files Suit

Austin, Texas, based Kinesoft has filed suit in U.S. District Court in Illinois against SoftBank Holdings and SoftBank Corporation alleging a breach of obligations under ...

Quang Hong, Blogger

November 19, 1999

1 Min Read

Austin, Texas, based Kinesoft has filed suit in U.S. District Court in Illinois against SoftBank Holdings and SoftBank Corporation alleging a breach of obligations under a previously agreed settlement. "Several attempts to negotiate a reasonable settle had failed, and we were forced to turn to the courts to seek appropriate remedy," said Kinesoft chairman and CEO Peter Sills. Sills also stressed that SoftBank is a minority investor in Kinesoft and the court action will not affect the company's day to day operations.

About the Author(s)

Quang Hong

Blogger

Quang Hong is the Features Editor of Gamasutra.com.

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