Posted in : Comics| tag : diamond , pokemon
Pokemon , Dynamite and Diamond ’s Chief Marketing Officer interview how much they are owed , as part of Diamond Comics ' failure
Article Summary
Dynamic Forces , which includes Dynamite Entertainment , has filed paperwork that tell apart that the Initial Notice from the Chapter 11 bankruptcy states that Dynamite is owed $ 158,820.93 . We antecedently mention Dynamite / Dynamic ownerNick Barruccisaying that the amount was much higher than was stated , closer to a fourth of a million dollars , though in the filing they just say that the amount has " waver since the petition was filed . " They also state that Diamond should also include all the attorney ' fee accrued by Dynamic / Dynamite citing precedence in the legal case between Superior Toy & Manufacturing Company from 1996 .
This matches some of the words I heard coming out of ComicsPRO , with ethnic music publishing through Image Comics stating that they were owe far more than was say , and newspaper publisher Silver Sprocket owe $ 25,000rather than the $ 5751 in the paperwork .
Pokémon , it seems , has alike event , who receipt that they have been " partly paid as part of the Court sanction critical vender platform " . But that , again , it does not account for the attorneys ' fees and expenses and they again cite Superior Toy & Manufacturing Company . The casing in question concerned the Illinois - base toy and plot provider that entered into a licensing correspondence with The Cherubs Collection , a variance of Playtex Family Products Corporation . Superior Toy accrue behind on these payments due to fiscal struggle and come in Chapter 7 and then Chapter 11 bankruptcy . The case build the case law that when a contract bridge is assumed , all associated debt instrument – include unpaid amounts like lawyer fees – must be honoured and added to the estate ’s liabilities .
And Diamond ’s Chief Marketing OfficerKatherine Govier , or Kathy as we knew her on prescribed e - post , states that the failure certification say that she is owed nothing but " as of March 1 , 2025 , the Debtor owes me $ 161,499.54 in unpaid pay under my employment contract . to boot , my salary currently remains below the contractually check amount , therefore , unpaid wages will continue to accrue at a charge per unit of $ 961.54 per biweekly pay period and will increase until the contract is restored or properly sham with full back pay . "
She stated that she signed an employment contract with Diamond in February 2020 at $ 250,000 per year but at the end of June saw this reduce to $ 200,000 per year , " without my correspondence and in breach of my contract " . In 2022 it was then " increased to $ 225,000 per year after I swan my right wing to be paid in conformity with my contract . This was line as a ' first step ' toward restoring my pay to the contractual charge per unit . At that fourth dimension , I also requested back pay but was told that was not possible . " She include her contract in the filing .
The bankruptcyauction , as antecedently reported , will take stead later this calendar month and will conclude by the second week of April . Then we ’ll have a better mind of who is pay back what …
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