Wemade Wins Arbitration in Singapore for 'Mir 2'

Compensation Amount to Be Determined Through Separate Procedure
Series of Victories Against Chinese Game Companies

[Asia Economy Reporter Jin-gyu Lee] Wemade announced on the 25th that it won the arbitration lawsuit held in Singapore against Chinese game companies regarding 'Legend of Mir 2.'

In May 2017, Wemade filed an arbitration lawsuit with the Singapore International Arbitration Centre (SIAC) against Actoz Soft, China's Shanda Games, and Lansha Information Technology to terminate and invalidate the Legend of Mir 2 license contract and claim damages. At that time, Wemade claimed that "Actoz Soft and Shanda Games unilaterally extended the Legend of Mir 2 license contract without prior consultation with our company."

The Singapore arbitration tribunal stated in its ruling that "the license contract between Wemade, Actoz Soft, and Lansha Information Technology was terminated as of September 28, 2017, and the license contract has lost its effect since then." It also ordered that "Actoz Soft and Shanda Games must compensate Wemade for damages." The amount of damages will be determined through a separate procedure.

This ruling confirmed that Shanda Games and others do not have the license rights for Legend of Mir 2. Their use of the Legend of Mir 2 license constitutes an infringement of the Legend of Mir 2 IP. Wemade requested, "Anyone or any company that has entered into or received a sublicense contract related to Legend of Mir 2, or is aware of such sublicenses, should report to Wemade."

This content was produced with the assistance of AI translation services.