THQ liquidation plan confirmed after asset sales
The court confirmed THQ Inc.’s Second Amended Chapter 11 Plan of Liquidation, moving the case from sale execution into claims resolution and distributions after the debtors had already sold substantially all assets to multiple buyers. The confirmation order covers THQ Inc., THQ Productions Inc., THQ Sales & Licensing Inc., THQ Wireless Inc., Volition, Heavy Iron Studios and Vigil Games, and establishes the framework for winding down the estates, resolving remaining claims and distributing sale proceeds to creditors under the confirmed plan Confirmation Order.
The development matters because it effectively closes the strategic phase of the case: THQ’s operating assets were no longer being reorganized around a going concern, and creditor recoveries now turn on the liquidation waterfall, claim objections and remaining estate administration. The contemporaneous PC Gamer report framed the approval as the official end of THQ’s bankruptcy case, consistent with the docketed confirmation order.