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TFE Games Holdings LLC

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Massively Overpovered

‘This is not what you signed up for’: Ashes of Creation boss, sued by his own counsel, issues warning to industry

Steven Sharif, the head of Intrepid Studios and creator of Ashes of Creation, is facing a lawsuit from his own attorneys, Withers Bergman LLP, for alleged nonpayment of over a million dollars in fees. Despite this legal trouble, Sharif issued a statement to investors and publishers, warning them about ongoing legal disputes and asset protection related to the game's development. He also addressed fans and former staff, acknowledging the difficult situation and expressing a shared desire to simply play the MMO.

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Eurogamer

Ousted Ashes of Creation director wins restraining order against his own board: "I categorically deny I mismanaged funds or caused the company's shutdown"

Steven Sharif, the ousted director of Ashes of Creation, has obtained a temporary restraining order against the board of Intrepid Studios, led by Rob Dawson. Sharif denies allegations of mismanagement and claims the board is attempting to seize company assets and IP for their own enrichment. The legal battle follows mass layoffs and the apparent shutdown of the studio.

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Massively Overpovered

A judge has granted Ashes of Creation’s Steven Sharif a TRO against Intrepid’s board

A judge has granted Ashes of Creation's Steven Sharif a temporary restraining order against Intrepid's board of directors, led by Rob Dawson, and TFE Games Holdings LLC. The order prevents the defendants from accessing or distributing Intrepid's trade secrets, finding sufficient reason to believe Sharif will prevail in his claims of an improper takeover and misappropriation of assets. The court found that Intrepid has already suffered harm and will continue to do so if the TRO is not granted.