OP updated as per settlement.
As I had stated since the very beginning, this was bound to be settled out of court - and my guess is that Crytek got a nice payday.
https://threadreaderapp.com/thread/1030835962899849222.html"From where I'm sitting, this is going to trial."
https://threadreaderapp.com/thread/1030420136250040320.html"Basically, anyone who thinks that breaches like that seen in 2.4, 7.3 and the SQ42 infringement are just "a few million Dollars", doesn't know how this works.
And they are completely ignoring the caliber of attorneys at Skadden.
This, my friends, is what an E.L.E looks like."
"Here is how just AWFUL this is for CIG. Below is what Crytek can now gain access to WITHOUT question because, GLA breach aside, Section 7.3 GRANTS it!
1) Star Engine source code and runtime (Star Citizen / Squadron 42)
2) Source control version logs. They use Perforce"
"What's going to happen now is, settlement or not, Chris has a target he can pin the destruction of Star Citizen + Squadron 42 on. He's going to blame it on the lawsuit, while ignoring that 7 yrs + $190M later, he couldn't deliver even 20% of what he promised.
I don't even have to mention that now, @CouttsandCo bank loan is going to immediately default if F42 can't pay off that loan. F42 gave as collateral a title that is now encumbered by a lawsuit, and which the judge granting injunctive relief in this case, is now DEAD"
"Either way, win, lose, or draw, the project is DEAD."
https://threadreaderapp.com/thread/1029687504205688832.html"Make no mistake, seeing as CIG/RSI are basically INSOLVENT, this is the final death knell. Especially if Crytek files an injunction to prevent them from continuing to operate Star Citizen. The damages alone are going to be catastrophic. If you're an investor, you just got rekted."
"Yes, CIG/RSI are so screwed, I haven't even started contemplating on that yet."
"They're still on the hook for monetary damages, statutory damages AND injunctive relief.
Interpretation: They're f-cked."
"Now, this MtD ruling has not only given Crytek a massive upper hand in any settlement talk, if I were in Crytek's shoes, I would just go in, take every f-cking thing, kick them all out, finish the game and extract their losses and damages.
That's what it will come to."
"I think backers still giving them money should now come to the realization that, aside from them never - ever - getting their money back, nor the games promised, they are now going to be funding a LOSING lawsuit.
If we take the funding chart at face value, and say they are raising about $30M a year, let me assure you, that's a drop in the bucket compared to the sort of damages they are going to be faced with very soon."
"And if there were to be any settlement, knowing that any award is going to create financial liability that exceeds the company net worth, Crytek will basically own ALL OF IT, after CIG/RSI are forced into bankruptcy.
For posterity sake, I am calling it now.
We're going to wake up one day and find that Crytek owns EVERY asset of CIG/RSI entities."
https://threadreaderapp.com/thread/961629006708781056.html"let me explain why I believe that on Feb 9th, Judge Dolly M. Gee is going to set in motion what I believe will be the final END of the Star Citizen project."
"It doesn't matter if it settles or not, or goes to trial.
What matters is that Star Citizen is DEAD, and that people are likely to end up in jail over it."
"this Crytek lawsuit, which is integral to their operations, is going to not only expose ALL of them, but my guess is that by the time Skadden is done, I wouldn't be surprised if that's when the govt. makes their move which would see people go to jail or plead out"
"Every single one of the 4 causes of action Crytek is claiming, have very dire consequences for the company and project, as they are material breaches.
To the extent that all it takes is for Crytek to prevail on a SINGLE one, and it's goodnight, sweet dreams for Star Citizen."
"I'm calling it right now. They're fucked. Completely."
https://threadreaderapp.com/thread/949626014367469568.html"knowing that NOTHING in their response is strong enough to give it ANY chance of survival"
"But damn, they are so screwed, I don't even know how to express it in words."
"That EXCLUSIVE clause means they can't use ANY other engine for Star Citizen.
Period. End of story."
https://threadreaderapp.com/thread/942753856332685312.html"trust me when I tell you this: the CryTek claims are a major problem to deal with"
https://threadreaderapp.com/thread/940947796794003457.html"It's as serious as can be, as they are alleging they switched engines to avoid paying them"
"Make no mistake, this is on the level of Zenimax v Oculus bad."
"Take a long hard look at this guy. Then follow his case history, and that of his firm. He's going to completely destroy CIG/RSI."
"Remember, a firm like Skadeen will never - ever - take a case without merits, nor one that wasn't worthy of said merits. They have no time for frivolous lawsuits or small potatoes."
"Let me just put this as mildly as I can: Star Citizen is FINISHED. They can't afford to pay CryTek what they claim. Most of these claims are open and shut with zero defense."
"I remember when Zenimax v Oculus was a thing. People were attacking Zenimax, calling it a cash grab etc. Then they won a $500M settlement and a lot of things. This is worse."
"This lawsuit will just serve to give backers ANSWERS...
...and those answers have the potential to completely KILL whatever chance this project had of ever seeing the light of day due to the NEED for on-going backer funding. They neither have the money nor the time. This lawsuit makes it worse."
I'm pretty sure I could find lots more if I could be bothered. Sorry Derek but, yet again, you're full of more shit than a music festival toilet on the last day...
