A settlement's finally been reached between the disgruntled Team Ninja members and Tecmo. The lawsuit filed last July was on the issue of unpaid overtime work under flexible working hours. Details after the jump.

That was a quick resolution. Unlike other acquisition stories that we know of, Tecmo and Square Enix have already settled the score. Unfortunately for Squeenix, Tecmo hearts Koei more, and so takes the gentlemanly way out.

Tecmo's unquestionably in a bubbling tub of hot water the past couple of months, but could their luck be changing? Square Enix has revealed earlier that they have a proposal for a friendly takeover on the beleaguered developer.

Following numerous trials and tribulations (probably because of a certain rock star developer we might all know - cough*Itagaki*cough), Yoshimi Yasuda has now resigned from Tecmo. Details of his resignation weren't revealed, but the only thing we could get is that he's bidding farewell to the company for "personal reasons".

Tomonobu Itagaki has been causing quite a stir when he announced that he will leave Tecmo. In an effort to minimize the damage he can cause, Tecmo issued a gagging order on him. It's how you tell someone to shut up in legalese. Details in the full article.

Following the release of Ninja Gaiden 2 for the Microsoft Xbox 360, things have gone way South for the people over at Tecmo. As if the departure of iconic game maker Tomonobu Itagaki and some key Team Ninja members wasn't enough, a big lawsuit has been filed against the company for alleged violations of the labor laws in Japan. More details after the jump.

Tecmo has fired off a response to Tomonobu Itagaki's statement yesterday in which the Ninja Gaiden and Dead or Alive creator announced his departure from the company. In the statement, Itagaki also accused Tecmo of not paying him a pre-agreed bonus for Dead or Alive 4 as well as causing him "significant emotional distress". Tecmo's response at the full article.

Team Ninja's Tomonobu Itagaki made a startling public announcement the night before the release of Ninja Gaiden 2. A statement forwarded by his aide Andrew Szymanski mentioned that Itagaki has official broken off from Team Ninja and will file a complaint against Tecmo Co., Ltd. Find out more about this in our full article after the jump.

Wondering what titles are making it to this year's Championship Gaming Series? The official site has disclosed that two games being prepped for this year's matches are FIFA 08 for the PC, and Forza Motorsport 2 for the Xbox 360. More on this matter is available in the full article.

Epic Games' much awaited Unreal Tournament 3 for the Sony PlayStation 3 headlines this week's line-up of games, as Valve's The Orange Box also finds its way to Sony's console. Too many first-person shooters? Don't fret, because there's Sega's real-time strategy Universe at War: Earth Assault for PC to mix things up a bit.

Other releases for this week await at the full article!

* Article originally posted Dec 09, 2007 at 11:55PM