SouthPeak and Paradox make amends - MCV

SouthPeak and Paradox make amends

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The legal row between publisher SouthPeak Interactive and developer Paradox Interactive has been resolved, with the former agreeing to pay up.

SouthPeak previously failed to pay Paradox $585,000 it had collected from sales of its games due to insolvency. Paradox then filed a lawsuit against SouthPeak.

However a new statement released by the publisher said both parties had reached a mutually agreeable resolution,” dismissing the lawsuit.

"We are pleased to have reached an amicable conclusion," said CEO of Paradox Fredrik Wester.

"SouthPeak's ability to settle this matter swiftly is a tribute to their professionalism and their sound financial integrity.”

Chairman of SouthPeak's Board of Directors Terry Phillips added: "We are pleased to have resolved this matter quickly and to be able to move forward with a focus on continuing to grow our business."

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