TV Tokyo Corp. v. 4Kids Entertainment, Inc. (In re 4Kids Entertainment, Inc.)

POST-TRIAL FINDINGS OF FACT AND CONCLUSIONS OF LAW

SHELLEY C. CHAPMAN, Bankruptcy Judge.

TABLE OF CONTENTS

PARTIES AND PROCEDURAL HISTORY.619

FINDINGS OF FACT.621

I. Background.622

A. The Licensor Parties and the Yu-Gi-Oh! Brand.622

B. The Yu-Gi-Oh! License Agreements.622

1. The Short Form Agreement.622

2. The 2001 Agreement.623

3. The 2008 Agreement.623

4. The Gross Income Provision .623

II.4Kids’ Activities Under the Yu-Gi-Oh! License Agreements.625

III. ADK’s Royalty Audit of 4Kids.625

IV. ADK’s Plan to Start its Own U.S. Home Video Business.627

Final Audit Findings . V. The

Finding No. 1: Funimation…