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It looks as though Valve has filed suit against Activision in U.S. District Court in Seattle. Valve claims that Activision is not honoring an agreement made earlier this month to pay the game designer almost $2.4M. Activision claims it had overpaid Valve in the past and has simply subracted that amount from the $2.4M agreement. Thanks to Ray Wilson for the link.
The arbitrator in that case awarded Valve $2,391,932, an amount that Valve says is less than it sought, but which it will accept because both parties agreed to be bound by the arbitration process. Activision, however, challenged the award, claiming that Valve had been overpaid by $424,136 in years past. For its part Valve alleges that Activision failed to properly raise this issue before the abitrator whom, the suit claims, refused to consider it for procedural reasons.