When businesses face disputes, the best option might be to settle the case. While litigation can reward a company with desired results, going to trial may also be risky for the company. In many situations, companies confront the following issue: How much money and time are we willing to invest or risk in this business dispute? Fortunately, many Florida companies find that with strong legal representation, an amicable and appropriate settlement can be reached with opposing parities.
Recently, Activision Blizzard Inc. and Electronic Arts Inc. have settled their litigation over the "Call of Duty" video game franchise.
As you may know, these companies are massive video game giants. The controversy between the companies began in 2010 when Electronic agreed to fund a new studio led by the co-creators of "Call of Duty," whom Activision had fired earlier that year.
Ultimately, Activision added Electronic as a defendant in its lawsuit against the co-creators. It accused the company of a plot to destroy the studio previously led by the co-creators, which made many Call of Duty games. Fortunately, the two companies have agreed to move forward in a settlement.
Even so, sources say that the trial against the co-creators may be the most closely watched in the history of the video game business.
If your company has invested time in a dispute that is draining energy and finances, it may be time to consider other options. On the other hand, settlements are not always the best choice for a business dispute. For this reason, it is important that companies take the time to meet with legal specialists and explore various resolution options.
Source: The Republic, "Activision, EA settle litigation as larger 'Call of Duty' trial nears," Alex Pham and Ben Fritz, May 16, 2012