South Korean gaming conglomerate Krafton Inc. must reinstate the CEO of a video game studio it acquired to get the release of the blockbuster Subnautica franchise’s next installment back on track, a Delaware judge ordered Monday.
Krafton breached its equity purchase agreement with Unknown Worlds Entertainment in firing CEO Edward Gill and founders Charlie Cleveland and Max McGuire without cause and “wrongfully usurping operational control,” Vice Chancellor Lori W. Will said in a 91-page opinion.
She ordered Gill to be reinstated with “full operational authority over the studio,” and he “may proceed with the early access release of Subnautica ...
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