Red 5 Studios Fights for Firefall

Red 5 Studios Fights for Firefall Red 5 Studios files arbitration, seeking to terminate agreement with Webzen and recover $5 million. Irvine, CA (PRWEB) June 24, 2011 Red 5 Studios today announced it has filed for arbitration against publisher Webzen. Red 5 seeks a legal determination confirming its right to terminate its agreement with Webzen because of Webzen’s alleged multiple breaches of the agreement. Red 5 also seeks to recover $5 million due to Webzen’s alleged breach of its obligation and refusal to commit that money to market the game in the United States. The arbitration will ta
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